Final auction clearance rate retraces

Advertisement

CoreLogic has released its final auction clearance results for last weekend, which reveals that the final national clearance rate retraced to 69.0% from 71.0% the prior week:

Sydney’s auction clearance strengthened to 73.3% from 73.1% the prior week, whereas Melbourne’s fell to 68.0% from 70.1%.

As noted by CoreLogic:

Advertisement

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe
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.