Sydney's once red-hot property market is showing signs of cooling, with auction clearance rates dropping as buyers regain control, reports Property Editor.
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This dwelling. Sydney's once red-hot property market is showing signs of cooling, with auction clearance rates dropping as buyers regain control, reports Property Editor. The report said that 20, dwellings were set to be built in the area over the next eight years, 90 per cent of which would be in high-rises. Prices fell across most cities with Sydney off percent in the month and Melbourne percent. Yet annual growth in home values still picked.