Sydney’s final auction clearance rate crashes into the 40s

Friday 6 July 2018

Last weekend, CoreLogic released its preliminary auction clearance rates, which revealed the following results:

CoreLogic has released its final auction results, which reported a huge 6.7% decline in Sydney’s auction clearance rate to just 49.7%, with Melbourne’s also falling by 3.1% to 57.2%:

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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.