General
Dec Quarter, Higher Auction Volumes in Capital Cities
CoreLogic auction activity analysis found that over the 3 months to December 2019, the combined capital cities clearance rate came in at 70.3 per cent from 26,923 auctions; a significant jump on the previous quarter where auction volumes were 16,730 and returned a clearance rate of 69.9 per cent. The clearance rate is remarkably higher than the December 2018 quarter, when the clearance rate was 43.6 per cent.
With the exception of Melbourne and Tasmania, clearance rates across the capital…
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