Melbourne housing market tipped to stay flat

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MELBOURNE’S property market is tipped to remain in a slumber into spring as confidence stays flat.

The weekend auction clearance rate of 57 per cent was only slightly better than the previous weekend as buyer and vendor uncertainty ruled.

JPP Buyer Advocates’ Catherine Cashmore said it was the 12th week the market had posted a clearance rate in the 50s, tipping the trend would continue until late this year.

Click here for the rest of the article (Herald Sun Website)

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