Get the latest property investing and real estate news from the Australian market on Australia's popular property investment site, PropertyInvesting.com. Each week Tuesday, we release the Auction Clearance Rates for real estate properties in Sydney, Melbourne, Brisbane, Adelaide, Perth, Tasmania and Canberra. Gain real insights into the property market performance in Australia through facts and figures.
Results for week ending October 23. Auction volume across the combined capital cities increased by about 200 homes this week, with 2,641 properties presented. Despite the jump in supply, the preliminary clearance rate rose four basis points to 80.2 percent, the highest rate recordedContinue ReadingContinue Reading