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Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.

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Clearance rate continues to climb on the back of higher volumes

Both auction volumes and the clearance rate lifted this week, with 1262 homes scheduled for auction in the capitals, returning a preliminary clearance rate of 66.1 per cent. CoreLogic reported this was up from the 63.3 per cent preliminary clearance rate returned last week across 1181 auctions, which later revised down to 59.3 per cent…