Final auction clearance rate booms

Thursday, 5 November 2020

CoreLogic has released its final auction clearance results for last weekend, which reveals that the final national clearance rate surged to 71.0% from 66.9% the prior week:

Sydney’s auction clearance strengthened to 73.1% from 70.4% the prior week, whereas Melbourne’s rose to 70.1% from 63.52%.

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.