Auction market builds steam

Monday, 26 October 2020

CoreLogic’s preliminary auction clearance rate strengthened, with 76.2% of reported auctions cleared versus 72.4% last weekend:

Sydney’s preliminary clearance rate rose was strong with 80.4% of reported auctions cleared versus 75.9% last weekend.

Melbourne’s preliminary auction clearance rate also firmed to 72.6% versus 65.0% last weekend.

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.