IT has been suggested that reporting on auction clearance rates is a waste of time: I want to dispel this myth once and for all.

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Auction rates offer an insight
August 1, 2010
Australian real estate news
IT has been suggested that reporting on auction clearance rates is a waste of time: I want to dispel this myth once and for all.

Excerpt from:
Auction rates offer an insight
SURGING property market cools as auction clearance rates drop by up to 14 per cent in capital cities.

Original post:
Interest rates cool urban housing boom
SURGING property market cools as auction clearance rates drop by up to 14 per cent in capital cities.

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Interest rates cool housing boom
home sales boom at record auctions Mozo.com.au David Airey, president of the Real Estate Institute of Australia, said the auctions reflected the “incredible optimism” in the housing sector. …
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home sales boom at record auctions – Mozo.com.au
In defence of Auction Clearance Rates Sydney Morning Herald (blog) On a typical Saturday in Sydney, real estate agents will report over 70% of all auction results to APM. This proportion is lower for Melbourne, but rising. …
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In defence of Auction Clearance Rates – Sydney Morning Herald (blog)
THE property market has shrugged off last week’s interest rate rise, with strong auction clearance rates recorded across the nation at the weekend.
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House auctions find ready buyers
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