Easter holidays dampen auction market

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:

Final auction clearance rate

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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