CoreLogic has released its final auction report for last weekend, with the final clearance rate rising slightly to 77.7% from 77.2% the prior weekend. This was off a a big jump in the number of auctions, from 2,087 to 2,902.
As usual, Sydney led the market recording a final clearance rate of 80.2% (up from 79.3%), whereas Melbourne’s final clearance rate was 75.1% (down from 75.5%).
Elsewhere, final auction clearance rates were generally solid to strong; albeit off thin volumes (since auctions aren’t as common in these markets).
