CoreLogic: Auction volumes and clearance rates have crashed

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By Leith van Onselen

CoreLogic has released its September quarter Auction Market Review, which revealed an epic decline in both auction volumes and clearance rates across Sydney and Melbourne.

The below graphics summarise the situation:

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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.