The nation’s auction market bounced last weekend, recording the highest final clearance rate since late March.
CoreLogic recorded a final national clearance rate of 80.6%, up significantly from the prior weekend’s 75.1%.
Sydney’s final clearance rate remained strong at 81.7% versus 80.5% the prior weekend, whereas Melbourne’s rebounded to 75.7% from 58.5% the prior weekend.
There are 763 words left in this subscriber-only article.
Get your first month for $1
Smaller capital auction markets were generally solid with the exception of Perth.
The national auction clearance rate has rebounded toward March’s peak:
This weekend there are 1,987 auctions scheduled to take place across the capital cities, an increase on last week’s 1,626 scheduled volumes:
These are solid volumes given lockdowns.