The nation’s auction market dived over the weekend on the back of a huge fall in Melbourne’s clearance rate.
CoreLogic recorded a final national clearance rate of 64.3%, down from the prior weekend’s 70.0%.
Sydney’s final clearance rate remained strong at 78.5% versus 81.3% the prior weekend, whereas Melbourne’s collapsed to just 49.1% from 59.9% the prior weekend.
