Final auction clearance rate holds at 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 1.4% decline in the final national auction clearance rate to 72.0% – well above the same weekend last year (43.3%) and above last week’s 68.0%:

As you can see, Sydney’s final auction clearance rate was 4.2% lower than the preliminary reported rate, whereas Melbourne’s was actually 0.9% higher. Both were well above last year’s 42.1% (Sydney) and 46.2% (Melbourne).