Final auction clearance rate tumbles back into the 40s

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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 3.0% decline in the final national auction clearance rate to 58.0% – well below the same weekend last year (53.8%) and below last week’s 58.0%:

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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.