Auction market fades into winter

CoreLogic released its final auction report for last weekend, with the final clearance rate falling to 73.5% from 77.0% the prior weekend. It was the lowest final auction clearance rate recorded in 2021.

Final auction clearance rates

The weakest auction clearances of the year, but still solid overall.

As usual, Sydney led the market recording a final clearance rate of 76.0% (down from 76.9%), whereas Melbourne’s final clearance rate fell to 71.7% (down from 74.9%).

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