CoreLogic released its auction report yesterday, which reported another fall in the preliminary national auction clearance rate to 65.4% from 66.5% last weekend, and remained well below the 74.4% recorded in the same weekend last year:
Auction volumes nationally were 3,335 – above the 2,987 recorded in the same weekend last year:
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As shown above, Sydney’s auction clearance rate fell further to 61.5% from 64.4% the prior weekend, and remained way below last year’s 79.6%. Auction volumes were slightly below the same weekend last year (i.e. 1,035 versus 1,082):
