With one more weekend of auctions left to run we are now in the countdown to the end of 2024 auction year.
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With a clearance rate range again of as low as 57% although way through to 78% the question must be asked why.
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With the last minute dash towards the end of the year now in full swing, every year I ask myself why does everyone leave their property buying and selling till nearly the stroke of midnight.
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With the final push towards the end of the Spring market we are still seeing a consistent clearance rate being achieved, although depending on which source you go to it ranges from 55% – 74% and everything in between.
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Normally a clearance rate of 76% would mean that the market is running warm to hot, but I am not convinced it is really as good as it sounds.
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