Just Under 1,500 Homes Were Taken To Auction Across The Combined Capital Cities

There were 1,472 homes taken to auction across the combined capital cities this week, increasing from 1,026 over the previous week, although much lower than this week last year (2,311).

Preliminary results show an auction clearance rate of 58.8 per cent across the combined capitals, increasing from last week’s final clearance rate of 50.4 per cent, while this week last year the clearance rate was recorded at 62.1 per cent. Once final results are collected, the final clearance rate…