CoreLogic released its auction report yesterday, which reported a firming in the national auction clearance rate to 72.4% from 70.7% last weekend, and was also above the 70.5% recorded in the same weekend last year:
Auction volumes nationally were 1,612 – way above the 1,391 recorded in the same weekend last year.
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As shown above, Sydney’s auction clearance rate was 72.4%, virtually the same as the 72.5% recorded last weekend but below last year’s 74.9%. However, auction volumes were higher, with 600 homes going under the hammer versus 470 on the same weekend last year:
