"Sydney still continues to hold the line - but huge test awaits" comments Dr Andrew Wilson from Domain following Saturday's real estate results.
Sydney reported a clearance rate of 70.4 per cent on Saturday and was the highest recorded result by the Sydney market since the beginning of spring on September 9. The North Shore, Inner West, Northern Beaches, City and East all performed well with clearance rates between 73 - 78%.
Auction numbers were lower at the weekend with 663 homes listed to go under the hammer, but the market is set to be well and truly tested next weekend with over 1000 homes likely to be auction listed.
Stay tuned!
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