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CoreLogic has released its final auction results for the weekend just gone with the final national clearance rate softening to 76.8%, down from the 79.9% preliminary clearance rate and also slightly lower than the 77.1% final clearance rate recorded in the prior weekend:
Australia’s final auction clearance rate has begun to soften after a record-breaking run.
It was the lowest weekly final auction clearance rate recorded in 2021; albeit seasonality from Easter School Holidays likely dragged down the result.
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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.