Sydney’s final auction clearance rate crashes to 42%

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By Leith van Onselen

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

Today, CoreLogic has released its final auction results, which reported a large 3.5% decline in the national auction clearance rate to 43.3%, with Sydney’s auction clearance rate diving 6.3% to just 42.1% and Melbourne’s falling 2.1% to 46.2%:

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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.