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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:
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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.
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