Lower Capital City Preliminary Clearance Rate

There were just under 2,000 capital city homes taken to auction this week, with auction activity relatively steady week-on-week after last week saw 2,022 capital city homes auctioned.  Of the 1,949 auctions that took place, 75.6 per cent returned a successful result according to preliminary results, coming in lower than last week’s preliminary figure of 77.3 per cent, which revised down to 73.5 per cent at final figures. It’s expected that this week’s final figure will come in below…