CoreLogic released its final auction report for last weekend, with the final clearance rate falling slightly to 77.0% from 77.2% the prior weekend. This was off the year’s third strongest auction volumes (2,905).
As usual, Sydney led the market recording a final clearance rate of 78.9% (down from 81.4%), whereas Melbourne’s final clearance rate rose to 75.4% (up from 74.1%).
Elsewhere, final auction clearances were solid; albeit off thin volumes given auctions aren’t as common in these markets.
