In April there were 2060 auctions in Australia, with a 53% clearance rate. The previous busiest April was in 2000, with 1700 auctions. Last year there were 1550 auctions with a 69% clearance rate.
Year-to-date clearance rate stands at 55%, marginally better than in December last year. The RP Data-Rismark index shows capital city values fell by 2.1% in the first quarter of 2011, seasonally adjusted, pulled down especially by Brisbane, down 4.6%.
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Reporting on events affecting clients of Ray White Beecroft real estate agency. See raywhitebeecroft.com.au
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About Me
- Peter
- My background is in engineering and project management, which enables me to help the property management department with fallen trees, blocked drains, and anything else they throw at me. It's much more challenging than supporting submarines as I did in my last job!
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