CoreLogic’s preliminary auction clearance rate retraced slightly, with 67.3% of reported auctions cleared versus 67.5% last weekend:
Sydney’s preliminary clearance rate firmed with 70.4% of reported auctions sold, up from 69.5% last weekend.
However, Melbourne’s preliminary clearance rate bombed to just 27.3% from 33.3% last weekend from only 14 auctions.
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