House hunters optimistic after rate rise, amid sky-high property prices | ABC News

House hunters optimistic after rate rise, amid sky-high property prices | ABC News

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Auction clearance rates have dropped this weekend, as concerns over rising interest rates bite. In the first selling Saturday, since the reserve bank's hike, nervous buyers and sellers saw a drop in the number of properties sold. Subscribe: http://ab.co/1svxLVE Read more here: https://ab.co/39DOzeN
In some regions, up to a third of auctions were called off altogether.

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