Auction Clearances Higher This Week

According to CoreLogic RP Data, whilst auction activity has eased slightly this week, with 1,824 capital city auctions held, down from 2,230 last week, preliminary clearance rate across the combined capital cities strengthened slightly this week, from 67.7 per cent the previous week to 68.9 per cent. One year ago, along with the higher volume of auctions, the clearance rate was also stronger at 77.5 per cent.

20160516 Capital city

Author: Martin North

Martin North is the Principal of Digital Finance Analytics

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