Weighted Average Auction Clearance Rate Recording Seven Weeks in a Row Below 50%

As the number of auctions held continues the seasonal rise, clearance rates are consistently trending lower, with the weighted average clearance rate recording seven weeks in a row below 50%

Capital City Auction Statistics (preliminary)

There were 2,384 auctions held across the combined capital cities this week, returning a preliminary auction clearance rate of 46.8 per cent, increasing on last week when the final auction clearance rate fell to its lowest reading since June 2012 (42.7 per…