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The Canberra Times
The Canberra Times
National
Lanie Tindale

Property auction rates drop in Canberra amid Covid lockdown

Canberra house buyers have opted to buy property before auction dates, with vendors accepting offers because of the lockdown.

The clearance rate for the last week was 81.9 per cent, with 45.9 per cent of successful buys selling prior to the auction day.

There were 84 auctions in total, including purchases before auction day, with 59 leading to sales.

There were 604 new listings in the last month.

Canberra house buyers have opted to buy property before auction dates. Picture: Shutterstock
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