Final auction clearance rate strengthens

Friday, 20 November 2020

CoreLogic has released its final auction clearance results for last weekend, which reveals that the final national clearance rate firmed to 70.6% from 69.0% the prior week:

Sydney’s auction clearance softened to 71.3% from 73.3% the prior week, whereas Melbourne’s firmed to 69.7% from 68.0%.

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.