Final auction clearance rate rockets to two-year high

Last weekend, CoreLogic released its preliminary auction clearance rates, which revealed the following results:

Yesterday evening, CoreLogic released its final auction results, which reported a 2.6% decline in the final national auction clearance rate to 68.6% – well above the same weekend last year (55.6%) and above last week’s 65.4%:

As you can see, Sydney’s final auction clearance rate was 2.8% lower, whereas Melbourne’s was 2.3% lower. However, both were above 70% and were way above last year’s 52.4% (Sydney) and 58.5% (Melbourne).