{"id":15571,"date":"2018-12-04T07:30:06","date_gmt":"2018-12-03T18:30:06","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=15571"},"modified":"2018-12-04T07:30:06","modified_gmt":"2018-12-03T18:30:06","slug":"melbourne-auction-clearance-rates-slip-below-40-per-cent","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/melbourne-auction-clearance-rates-slip-below-40-per-cent\/","title":{"rendered":"Melbourne auction clearance rates slip below 40 per cent"},"content":{"rendered":"

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PHOTO:\u00a0As clearance rates tumble, more properties are selling in post-auction negotiations. Photo: Stephen McKenzie<\/strong><\/p>\n

Melbourne\u2019s auction clearance rates have slipped below 40 per cent on four Saturdays in spring.<\/p>\n

The unprecedented results, recorded on the last weekend in September and three weekends in November, represent the city\u2019s lowest figures reported since Domain records began in 1997.<\/p>\n

On Saturday, the first day of summer, Melbourne\u2019s preliminary clearance rate was 45 per cent, which was up from 38.6 per cent a week earlier but could be revised as more results trickle in.<\/p>\n

READ MORE VIA DOMAIN<\/a><\/p>\n

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A post shared by Property Noise (@propertynoisenz)<\/a><\/p>\n<\/div>\n<\/blockquote>\n