Auction clearances remain strong

Monday, 16 September 2019

Auction clearance rates remained strong over the weekend, with the preliminary rate nationally coming in at 75.7%, down slightly from 77.0% last weekend:

Auction clearances were also way above the 51.8% recorded in the same weekend last year:

Sydney’s preliminary clearance rate was 80.3%, down from 83.1% last weekend, but way above the 48.6% recorded in the same weekend last year.

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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.