Saturday 23rd & Sunday 24th October 2010
In light of the very high number of auctions this weekend the clearance rate of 68 that was achieved is a very healthy result and demonstrates that underlying demand is good.
Including this weekends activity, the REIV has seen average weekly auction listings increase by around 30 per cent compared to winter; interestingly, the clearance rate for spring has not changed substantially, with around 68 per cent of homes selling during the first eight weeks of spring.
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