CoreLogic released its auction report yesterday, which reported a stable preliminary national auction clearance rate at 67.7% – exactly the same as last weekend but significantly below the 73.2% in the same weekend last year:
However, as you can see above, the trend clearance rate has bounced.
Auction volumes nationally were at at 1,464 – also below the 1,591 recorded in the same weekend last year:
As shown above, clearances in Sydney (-12.0%), Melbourne (-3.4%), Brisbane (-0.7%), and Canberra (-13.8%) were below the same weekend last year, whereas they are higher in Adelaide (+2.2%), Perth (+4.0%), and Tasmania (+12.5%).
The below tables show the breakdown by houses and units: