Final auction clearance rate retraces

Friday 13 November 2020

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:

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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.