REIV Weekly Auction Results

Victoria's weekly Auction results from REIV CEO Geoff White
"A clearance rate of 78% was recorded this weekend. There were 585 auctions reported to the REIV, with 457 selling and 128 being passed in, 50 of those on a vendor bid. Vendors in Greater Geelong have experienced strong results under the hammer this year with auction transactions up 51 per cent on the same period last year and a clearance rate of 81 per cent."

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