CoreLogic released its auction report yesterday, which reported a small rebound in the preliminary national auction clearance rate to 57.9% from 56.7% last weekend (later revised down to 53.3%).
The preliminary clearance rate was also way below the 68.3% recorded in the same weekend of last year:
Auction volumes nationally were 1,909 – way below the 2,270 recorded in the same weekend last year:
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