Easter auction clearances take a breather

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CoreLogic has released its final auction clearance results for the Easter long weekend, with the nation’s clearance rate falling to 77.1%, down from the recent high of 83.1% recorded the prior weekend:

Weekly auction clearance rate

The Easter final auction clearance rate retraced from recent highs.

In fact, it was the first time in five weeks that the final national clearance rate fell below 80%.

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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.