Auction clearances hover above 70%

Monday, 7 October 2019

Auction clearance rates remained solid over the weekend, with the preliminary rate nationally coming in at 71.3%, down a few percent from 74.4% last weekend:

Auction clearances were also way above the 49.5% recorded in the same weekend last year:

Sydney’s preliminary clearance rate was 79.8%, up from 77.7% last weekend, and way above the 46.1% 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.