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.
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%).