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CoreLogic’s preliminary auction clearance rate strengthened, with 76.2% of reported auctions cleared versus 72.4% last weekend:
Sydney’s preliminary clearance rate rose was strong with 80.4% of reported auctions cleared versus 75.9% last weekend.
Melbourne’s preliminary auction clearance rate also firmed to 72.6% versus 65.0% last weekend.
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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.