Australia’s auction results continue to soften, with the preliminary national auction clearance rate falling to 78.5% from 80.5% the prior weekend:
Auction clearances were significantly lower than the prior week.
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.
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