Sydney Auction Clearance Rates Dip to A Year Low

In an article for the website Property Update, Andrew Wilson focuses on the declining auction clearance rates in Sydney. 72.7% clearance recorded this week is as bad as it has been in more than a year. Last year same time, the figure was 77.5%.

This is third week in trot that the clearance rate has come down. Perhaps a silver lining is the fact that a few regions have withstood the decline and posted robust clearance figures. Put another way, overall clearance for Sydney is falling but not all regions are doing badly. Case in point is 84.8% recorded by the city and east

You can read the original article here.