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CoreLogic’s preliminary auction clearance rate firmed over the weekend, with 75.1% of reported auctions cleared versus 73.9% last weekend:
Sydney’s preliminary clearance rate strengthened to 80.1% of reported auctions cleared versus 76.9% last weekend.
Melbourne’s preliminary auction clearance rate firmed to 73.6% versus 71.7% 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.
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