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Australia’s auction market is beginning to show fatigue after weeks of high listings.
Last weekend’s final auction clearance rate fell to 73.0% from 76.8% the prior weekend off 3292 auctions (down slightly from 3,546 the prior weekend):
Nevertheless, clearance rates were still solid to strong everywhere except Perth.
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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.
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