Sydney auction market crumbles with 57.5 per cent clearance rate
Sydney’s crumbling auction market reached a new low on Saturday,
recording the lowest clearance rate in years.
There were 873 homes scheduled to go under the hammer on Saturday.
By Saturday evening Domain Group had collected 560 results and put
the clearance rate at 57.5 per cent – down significantly on last weekend’s 62.6 per cent.
Sydney’s crumbling auction market reached a new low on Saturday,
recording the lowest clearance rate in years.
There were 873 homes scheduled to go under the hammer on Saturday.
By Saturday evening Domain Group had collected 560 results and put
the clearance rate at 57.5 per cent – down significantly on last weekend’s 62.6 per cent.
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