great aussie housing crash of 2010, page-8

  1. 902 Posts.
    Makybe I'll be very interested to see whether that 1,000 auctions figure holds, as the real estate bodies tend to forget the detail fairly quickly (lol).
    For example, in late April in Sydney they claimed that over 2,600 auctions had been booked for May. Amusingly when it came to releasing the 'stats' they reported less than 1,500 with an average clearance rate in the high 60%. I think we can safely assume that the percentage would have looked a whole lot less impressive if they included the real figure.
    The more things change...
 
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