Busiest Auction week since 2008

Monday 28 February 2022

The nation’s auction market held firm over the weekend despite the highest number of February auctions since CoreLogic records began in 2008.

Despite 3,384 homes taken to auction this week, the preliminary national auction clearance rate came in at a solid 74.3%, down slightly from 74.6% last weekend:

According to 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.