The auction market continues to sweep aside lockdowns, with the final national clearance rate holding in the mid-70s; albeit off lower volumes.
As shown in the next table, the national final auction clearance rate was 74.0% last weekend, down from 77.2% the prior weekend off 1,606 auctions (versus to 1,761 the prior weekend).
Sydney’s auction market is proving especially stoic, with the city’s final clearance rate actually rising to 77.6% from 76.1% the prior weekend. This was off 564 auctions – down from 671 auctions the prior weekend.
