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Auctions rise but Sydney home prices slip

14-Nov-2017


The Sydney Morning Herald

Sydney home prices have again fallen while Melbourne's have remained flat, but more properties have gone under the hammer and the national auction clearance was higher last week.

Property data group CoreLogic's weekly survey shows that the national auction clearance rate for the week to November 12 rose to 66.5 per cent, up from the adjusted 61.5 per cent in the prior week, when the final figure was the lowest since early 2016, but well below the same time last year.

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The Sydney Morning Herald
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