Damp weather brings in a damp market

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ALTHOUGH the weekend’s wild weather didn’t affect most of the 149 auctions held, it seemed to reflect a dampened energy in the market.

Low clearance rate with few auctions scheduled. Auctions will increase to 375 this weekend and 715 the week after. Buyers and sellers ‘‘feeling each other out’’, to see who has the upper hand.

The clearance rate was 60 per cent, which marks an improvement on last week’s revised clearance of 47 per cent.

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