This weekend’s auction in Melbourne achieved a 79 percent clearance rate, higher than last weekend’s 76 percent rate and last year’s 72 percent on the same weekend. The Real Estate Institute of Victoria (REIV) recorded a total of 609 auctions this 1st of August weekend amounting to $398.35 million. Of the total figure, 480 were selling and 129 being passed in with 61 on a vendor bid. A total …
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