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CoreLogic released its preliminary auction report yesterday, which reported a small bounce on rising volumes.
The preliminary national auction clearance rate was 58.2%, slightly above last week’s 57.2% but still below the 61.7% final clearance rate recorded in the same weekend of last year:
Auction volumes nationally were 2,268, above last year’s 1,915 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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