CoreLogic’s preliminary auction clearance rate softened, with 71.5% of reported auctions cleared versus 69.3% last weekend:
Sydney’s preliminary clearance rate retraced slightly with 73.1% of reported auctions sold, down from 73.2% last weekend.
However, Melbourne’s preliminary auction clearance rate fell to 59.6% versus 63.3% last weekend, albeit off only 60 reported auctions.
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