Sydney auction market on track to break a five-year record

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Sydney’s auction market could be on track to break a record if the “ferocious” level of buying continues past the long weekends in April, new analysis shows.

Following the weekend’s sky-high preliminary auction clearance rate of 88 per cent, Sydney has now recorded six Saturdays in a row where more than 80 per cent of properties scheduled to go to auction have sold under the hammer.

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