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

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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