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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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With the first run of bumper auction weekend’s it was great to see good numbers of people at auctions and open for inspections.
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A clearance rate is only as good as the information that is put into it.
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With the Spring market in full flight now we haven’t seen the massive increase in good quality stock that every agent has been promising.
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