CoreLogic released its preliminary auction report yesterday, which reported another weak clearance rate on soft volumes.
The preliminary national auction clearance rate was just 56.8%, slightly above last week’s 56.0% and way below the 64.8% final clearance rate recorded in the same weekend of last year:
Auction volumes nationally were 2,155, which was well above last year’s 670 auctions due to the Easter weekend:
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