International Property Investment » beach house for auction http://internationalpropertyinvestment.com Property Investment around the World - Buying Investment Properties Sat, 14 Jan 2012 12:20:59 +0000 en hourly 1 admin admin International Property Investment Blog No No Auction Clearance Rates Continue to Dive http://internationalpropertyinvestment.com/auction-clearance-rates-continue-to-dive http://internationalpropertyinvestment.com/auction-clearance-rates-continue-to-dive#comments Mon, 27 Oct 2008 14:00:24 +0000 Elisabeth Sowerbutts http://internationalpropertyinvestment.com/?p=935 Despite reductions in mortgage interest rates and the big increase in the first-home buyer's grant, the business of auctioning houses still seems to be in trouble.

As we have already reported Australian property auction clearance rates dropped along with most of the world's stock markets. Improvement doesn't look imminent either. Figures out today make interesting reading: so long as you are not trying to sell a property - then they are depressing.

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