Final auction clearance rate stays strong

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 2.9% decline in the final national auction clearance rate to 72.8% – well above the same weekend last year (51.8%) and also above last week’s 72.3%:

As you can see, Sydney’s final auction clearance rate was 4.3% lower, whereas Melbourne’s was 1.2% lower. However, both were in the mid-70s and were way above last year’s 48.6% (Sydney) and 54.1% (Melbourne).