66.1% Of Homes Sell At Auction As Volumes Rise Across The Capital Cities

This week, as auction volumes increased across the combined capital cities, so too did the clearance rate. 

There were 1,262 homes scheduled for auction this week returning a preliminary auction clearance rate of 66.1%. This was up from the 63.3% preliminary clearance rate last week across 1,181 auctions, which later revised down to 59.3% at final figures. 

Both Melbourne and Sydney’s preliminary clearance rate came in above the mid 60% mark this week.

There were 564 Melbourne…