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NSW weekly market wrap – week ending 18 August 2012
19 August 2012
“The auction clearance rate this week was 59 per cent, with 211 properties selling and 147 passing in. So far this winter we have seen several weeks where clearance rates have remained above 60%. In a traditionally more subdued period, we are seeing strong results for the NSW auction market, a promising sign that the spring selling period will see buyers out in full bloom.”
Tim McKibbin
REINSW CEO
CLEARANCE RATE:
REPORTED AUCTIONS:
Last week:
This week last year:
Sold prior to auction:
Sold at auction:
Sold after auction:
Total volume:
Passed in:
Passed in on vendor’s bid:
Withdrawn:
Postponed:
No result: |
59%
358
338
451
45
158
8
$135.00 million
147
24
21
4
61 |
For more information, go to www.realestateVIEW.com.au
Please direct media enquiries to Julian Brophy on 0408 276 749.
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