61.5 Per Cent Of Homes Sell As Auction Volumes Fall Week On Week

There were 1,654 homes taken to auction across the combined capital cities coming into the first week of Winter, down from the 2,055 homes auctioned last week. The lower volumes saw the preliminary auction clearance rate rise to 61.5 per cent after last week’s 57.7 per cent final clearance rate, which was the highest final weighted average result in over 12 months. Over the same week one year ago, a higher 2,281 homes were auctioned, 54.1 per cent of which sold.

The two largest…