Auction clearance rate slides into the 60s

Sunday 15 December 2019

Auction clearance rates retraced over the weekend, with the preliminary rate nationally falling to 69.2% from 74.5% last weekend:

However, the nation auction clearance rate was still way above the 41.0% recorded in the same weekend last year:

Sydney’s preliminary clearance rate was 73.6%, down from 78.1% last weekend, but way above the 41.3% 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.