Sydney’s final auction clearance rate plunges deeper into 40s

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By Leith van Onselen

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

CoreLogic has released its final auction results, which reported a large 5.5% decline in Sydney’s auction clearance rate to just 46.9%, with Melbourne’s also falling by 3.8% to 56.2%:

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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.