Capital City Preliminary Auction Clearance Rate Improves

The capital city preliminary auction clearance rate shows little improvement, with auction activity across the capitals significantly lower.

Capital City Auction Statistics (preliminary)

Auction volumes fell significantly this week due to the Queen’s Birthday long weekend in most states and territories. There were 900 homes taken to auction across the combined capital cities, down from 2,281 last week and 1,279 this time last year. The preliminary clearance rate was recorded…