Twice the Value_ Half the Doubt: Auction Market Regains Its Mojo in Sydney and Melbourne
- Melbourne recorded its seventh consecutive week with a preliminary clearance rate above 70 percent, reaching 70.1 percent this week.
- The number of capital city auctions increased by over 60 percent, with 2,216 homes auctioned this week.
- Sydney's preliminary clearance rate rose to 70.5 percent, the highest in three weeks.
- Mr. Ponte noted that buyer confidence has increased, with an average of 3.1 active bidders at all auctions this week.
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10 Articles
10 Articles
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Left
3
Center
1
Right
2
Coverage Details
Total News Sources10
Leaning Left3Leaning Right2Center1Last UpdatedBias Distribution50% Left
Bias Distribution
- 50% of the sources lean Left
50% Left
L 50%
C 17%
R 33%
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