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Auction Insider: Sydney market sinks further

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The holiday weekend in Melbourne impacted the number of auctions conducted there but major concern continues for the extremely low clearance rate coming out of Sydney according to Dr Andrew Wilson

With just 61.5% clearance last weekend, Sydney is dangerously close to the benchmark sub 60% barrier that would indicate a very weak confidence level.  

See the numbers for all cap city markets and get Dr Wilson’s expert overview.

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