CoreLogic’s preliminary report on the weekend’s auctions reported a slightly higher clearance rate on the third biggest auction volumes of the year.
The national preliminary clearance rate rose to 79.0% from 78.6% the prior weekend. This was off a whopping 2,892 auctions, down slightly from the prior weekend’s 3,033 (which was the second biggest weekend of auctions in 2021).
Sydney continued its strong run recording a preliminary clearance rate of 81.6% off 1,149 auctions, down from the prior weekend’s 82.6% preliminary clearance rate off 1,157 auctions.
