Sydney's true clearance rate could be 40%: John Cunningham, REINSW
An unusually high percentage of Sydney auction results weren't reported last week, says REINSW president John Cunningham, causing him to ponder the worst-case scenario: if those properties didn't sell, Sydney's clearance rate could be 40 per cent.
Sydney's Pitt Street among the top ten most expensive streets in the world
Sydney's Pitt Street is the seventh most expensive street in the world, according to Cushman & Wakefield’s 'Main Streets Across the World 2017' report.
Melbourne property market showing signs of slowing
CoreLogic's final auction numbers show that Melbourne's clearance rate fell below 70 per cent to 69.2 per cent last week, the city's weakest result since July 2016.