Auction deluge floods property market

Friday, 19 November 2021

Australia’s auction market continues to fatigue after weeks of high listings.

Last weekend’s final auction clearance rate was 73.0%, up slightly from 73.0% the prior weekend off 3539 auctions (up from 3,292 the prior weekend):

As noted by CoreLogic:

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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.