House auctions find ready buyers across Australia
THE booming property market has shrugged off last week's interest rate rise, with strong auction clearance rates recorded across the nation at the weekend.
In Sydney, 70.5 per cent of auctioned properties were sold -- up 5.9 percentage points compared with the same time last year. In Melbourne, despite the Labour Day long weekend, clearance rates hit 75 per cent.
For more on this article go to The Australian
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