By those facts I guess we should be seeing clearance rates consistently at 85%+ and >1% vacancy rates.
So why are clearance rates hovering just above 50%?
Healthy market is between 65 and 75%. Consistent 50's means stock is building up and up exponentially.
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- melb population 4-5 mill -1% props 4 sale
By those facts I guess we should be seeing clearance rates...
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