Auction clearance rates continue to strengthen, with the preliminary rate nationally rising above 70% and Sydney’s rising above 80%:
As shown below, the preliminary national auction clearance rate rose to 70.4% versus 68.3% last weekend. Clearances were also way above the 54.9% recorded in the same weekend last year:
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Sydney’s preliminary clearance rate rose to 81.2% – above last weekend’s 74.8% preliminary rate and way above the 53.8% recorded in the same weekend last year.