VIDEO-Falling clearance rates signal a buyer’s market

The number of auctions conducted in all capital cities, except for Adelaide, were fewer than the previous week and clearance rates continue to fall everywhere except Canberra which recorded the country’s highest clearance rate last weekend.  Dr Andrew Wilson says the indications are that we are entering a buyer’s market.  Toward the end of this 11-minute summary, Dr Wilson also makes comment about tomorrow’s interest rate announcement from the RBA and the likelihood of any interest rate movements this year.

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