Final auction clearance rates bomb

Thursday, 23 July 2020

CoreLogic has released its final auction results for the past week, with the final clearance rate nationally falling to 53.1% from 56.2% last week:

The fall was driven by Melbourne where the final clearance rate fell to 43.8% from 51.2% last week.

According to CoreLogic:

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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.