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1.Market Observations, 8.Was Sticky

12 Dec 2016 (AFR) – Surging auction numbers lift Melbourne, Sydney property clearances

(12 December 2016, AFR, p3, by Michael Bleby)

‘Auction clearance rates rose across Australia’s eastern and central states on the last big weekend of the year as the number of sales also jumped. The average of the six state capitals plus Canberra picked up to 74.6 per cent, with 3411 auctions scheduled for the week, up from last week’s 72.3 per cent and 3207 auctions.’

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