Auction market firms again

Monday, 16 November 2020

CoreLogic’s preliminary auction clearance rate strengthened this weekend, with 75.1% of reported auctions cleared versus 73.2% last weekend:

Sydney’s preliminary clearance rate remained strong with 76.6% of reported auctions cleared versus 78.6% last weekend.

Melbourne’s preliminary auction clearance rate firmed to 73.5% versus 71.8% 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.