Residential property sales treads water

  • Residential property continued to tread water over the weekend, with auction numbers and clearance rates down on a year ago, showing that caution pervades the market.

With total auctions down to two-thirds their number for the same time last year, there are signs buyers are becoming more value conscious after years of supercharged price growth.

READ MORE VIA AFR.COM

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John Hewson’s home in the NSW Southern Highlands failed to sell at auction on Saturday.Supplied.

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