Final auction clearance rate holds above 70%

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 3.3% decline in the final national auction clearance rate to 70.7% – well above the same weekend last year (52.4%) but below last week’s 72.8%:

As you can see, Sydney’s final auction clearance rate was 3.9% lower, whereas Melbourne’s was 2.2% lower. However, both were above 70% and way above last year’s 51.1% (Sydney) and 53.8% (Melbourne).