Sydney dominates nation’s auction market

Monday, 9 November 2020

CoreLogic’s preliminary auction clearance rate softened this weekend, with 73.2% of reported auctions cleared versus 77.0% last weekend:

Sydney’s preliminary clearance rate remained strong with 78.6% of reported auctions cleared versus 79.6% last weekend.

Melbourne’s preliminary auction clearance rate softened to 71.8% versus 75.8% 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.