Melbourne’s auction clearance rate bombs

Monday, 20 July 2020

CoreLogic’s preliminary auction clearance rate fell to 59.2% from 62.2% last weekend:

The decline nationally was driven by Melbourne, where the preliminary clearance rate dived to 47.5% from 63.7% last weekend.

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.