64.5% Of Homes Sell At Auction As Volumes Continue To Rise Across The Capital Cities

There were 1,424 homes scheduled for auction this week returning a preliminary auction clearance rate of 64.5 per cent. This was the highest number of auctions held in nine weeks, demonstrating an ongoing improvement in seller confidence as auction clearance rates hold reasonably firm under higher volumes.  In comparison, the previous week saw 1,251 homes taken to auction returning a preliminary clearance rate of 66.1 per cent, which later revised down to 59.6 per cent at final figures….