CoreLogic has belatedly released its preliminary auction report for the Easter long weekend, which reported falling clearances on weak volumes.
The preliminary national auction clearance rate was 49.0%, well below last week’s preliminary clearance rate of 58.2% and the 62.2% final clearance rate recorded in the same weekend of last year:
Auction volumes nationally were 378, way below last year’s 1,799 auctions:
Advertisement