Deals done after sale

Print This Post Print This Post

VICTORIA’s auction clearance rate came in at 56 per cent yesterday with about 480 properties going under the hammer.

Real Estate Institute of Victoria spokesman Robert Larocca says buyers are waiting for properties to be passed in rather than show their hand.

‘‘Buyers have clearly worked out that they are advantaged by waiting and trying to negotiate,’’ Mr Larocca said.

Click here for the rest of the article (Press Display Website)

Share this Market Comment

About the author

Top