Auction clearance rates were universally strong over the weekend despite the second highest volumes of the year.
The national preliminary clearance rate was 78.9%, down only slightly from the 81.0% recorded the prior weekend. This was off a whopping 3,524 volumes, up from the prior weekend’s 3,033.
Sydney’s preliminary clearance rate continued to run hot at 79.3% versus 80.8% the prior weekend, whereas Melbourne’s was 77.4% versus 80.1% the prior weekend:
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