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Auction clearance rate slides o...

Auction clearance rate slides on property investor crackdown

A rise in the number of homes on the market and new regulations for investors have led to a softening in Sydney’s auction clearance rate, which was 12 percentage points lower on the weekend compared to the same ­period a year ago.

A rise in the number of homes on the market and new regulations for investors have led to a softening in Sydney’s auction clearance rate, which was 12 percentage points lower on the weekend compared to the same ­period a year ago.…

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