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1.Market Observations, 8.Was Sticky

21 Nov 2016 (AFR) – Sydney cools slightly as spring ends and banks shift policy

(21 November 2016, AFR, p2, by Su-Lin Tan)

‘The Sydney housing market has cooled slightly as it approaches the end of the spring selling season and another round of banking policy changes. While still maintaining a strong preliminary auction clearance rate of 81 per cent for the weekend, according to Corelogic, or 79 per cent for the week, according to Domain, Sydney has fallen from its highs of 82 to 84 per cent in the past few weeks.  Leading the change are the western suburbs with Parramatta clearing at…’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

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