The auction market has swept aside lockdowns, with the final national clearance rate rising to 77.2% from 73.0% last weekend off similar volumes (1,761 versus to 1,728).
As shown in the next table, Sydney’s auction market is proving especially stoic, with the city’s final clearance rate rising to 76.1% from 72.8% the prior weekend. This was off 671 auctions – up from 585 auctions the prior weekend.
Melbourne’s auction clearance rate also rebounded after emerging from its hard lockdown, recording a final clearance rate of 77.2%, up from the 70.8% recorded the previous weekend. However, this was off only 656 auctions – down from 772 auctions the prior weekend.
