The Final Week Of Auction Reporting For The Year

There were 2,750 homes taken to auction across the combined capital cities this week, with volumes down by -5.6% on last week’s 2,912 auctions; the second busiest week of 2019. Preliminary results show a clearance rate of 69.2%, after last week’s final clearance rate of 71.1%. One year ago, 2,406 auctions were held across the combined capitals, with only 40% returning a successful result.

Melbourne saw 1,394 homes taken to…