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The nation’s final auction clearance rate rebounded last weekend following a big fall in auction listings in Melbourne.
CoreLogic recorded a final national clearance rate of 67.7%, up significantly from the prior weekend’s 58.0%.
Sydney’s final clearance rate remained strong at 81.2% versus 80.2% the prior weekend, whereas Melbourne’s rebounded to 43.8% from 35.9% the prior weekend.
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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.