CoreLogic has released its preliminary auction results for the weekend just gone, which reported another strong result, with a national preliminary clearance rate of 80.5%.
Sydney led the way again, recording a preliminary clearance rate of 84.8% off 772 reported auctions, whereas Melbourne reported a preliminary clearance rate of 78.1% off 1,080 reported auctions.
Elsewhere, auction results were solid to strong with the exception of Perth; although auctions are far less prevalent across these smaller markets:
