How is Melbourne’s auction market tracking this year?
With the year’s half-way mark recently reached, it’s a good moment to gauge the comparative performance of the 2012 Melbourne auction market. The accompanying chart compares the auction clearance rate for the first 24 weeks of the auction season in 2010, 2011 and 2012 respectively. It also records – in the bubbles – the average number of auctions each week and overall clearance rate for these periods...
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