At the end of the 2012 March quarter there were 5 suburbs that have a clearance rate in excess of 80 per cent.
The year to date clearance rate is 62 per cent compared to 66 per cent this time last year and 87 per cent at this time in 2010.
The volume of auctions held is 17 per cent lower than this time last year, 9 per cent lower than this time in 2010 and 74 per cent higher than this time in 2009.
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to see a graph of the auciton market over the last few years.