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 3.4% decline in the final national auction clearance rate to 71.1% – well above the same weekend last year (41.0%) but below last week’s 73.6%:

As you can see, Sydney’s final auction clearance rate was 4.3% lower than the preliminary reported rate, whereas Melbourne’s was 2.1% lower. Both were well above last year’s 41.3% (Sydney) and 43.8% (Melbourne).