Record stock levels put buyers in the box seat

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NOW is the time for buyers to make their move, with last weekend kicking off four weeks of record stock levels.

Over 1000 auctions are scheduled in each of the next three weekends, making it the busiest period recorded in Melbourne’s residential market.

This weekend 893 auctions were reported, resulting in a 59 per cent clearance — in line with November’s average.

Buyers seemed to be spread out across the weekend’s auctions, with some hotly contested exceptions.

Click here for the rest of the article (Source: Pressdisplay Website)

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