Auction clearances hold firm

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The nation’s auction market held firm over the weekend following recent floods.

With 2,090 homes taken to auction this week, the preliminary national auction clearance rate came in at 72.2%, down marginally from 72.7% 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.
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