Advertisement
CoreLogic has released its final auction clearance results for last weekend, which reported a final auction clearance rate of 60.5%, up slightly on last week’s 59.8%:
Sydney’s final clearance rate softened to 62.3% (from 64.2% last week), whereas Melbourne’s bombed to 32.1% (down from 40.6% last week).
As noted by CoreLogic:
Advertisement
The full text of this article is available to MacroBusiness subscribers
Cancel at any time through our billing provider, Stripe
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.