The provisional data from APM Pricefinder for today shows another high clearance rate. Sydney cleared at 84.1%, on 492 listings, compared with 75.2% last week on 466 listings, and 73.7% a year ago on 737 properties. Melbourne was 77.7% compared with 78.3% last week, on higher listings, and nationally, we hit 78.1%, compared with 73.1% last week, and 71.1% last year. Canberra cleared 65% of 38 listings, Adelaide 61% of 61 listings and Brisbane cleared 58% of 84 listings.
Further signs of strong demand for property in the current ultra low interest rate environment. The market remains hot!
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