Posts Tagged ‘Clearance’

Healthy Start to 2013

News

The 2013 residential market has commenced with the same improving trend that last year ended with.

The REIV is recording both an increase in clearance rates and listings, a situation that reflects the improved confidence of Victorian consumers.

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Latest Sales Results – The Strongest Result in Over Two Years

News

An article from REIV shows the strongest Auction results in Melbourne in over two years! The results ranged from the most affordable apartment which sold for $246,000 to the most expensive house which sold for a cool $5,155,000:

A clearance rate of 73 per cent was recorded this weekend compared to 70 per cent last weekend and 57 per cent this weekend last year.

This is the strongest result in over two years.

There can be no doubt the improving trend that started last year has continued this year and it reflects improved consumer confidence. There were 903 auctions reported to the REIV … more »