Sydney auction clearances continue to strengthen

Friday, 30 October 2020

CoreLogic has released its final auction clearance results for last weekend, which reveals that the final national clearance rate firmed to 66.9% from 66.2% the prior week:

Sydney’s auction clearance strengthened to 70.4% from 69.1% the prior week, whereas Melbourne’s rose to 63.5% from 60.2%.

As noted by 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.