Preliminary auction clearance rate of 75.1 per cent across combined capital cities

This week, 2,065 auctions were held across the combined capital cities, down from 2,168 over the previous week. Of the 1,704 results collected so far, 75.1 per cent have reported a successful result, increasing on last week’s preliminary clearance rate of 73.9 per cent, which revised down to 70.6 per cent at final figures. One year ago, 2,912 homes were taken to auction and 71.1 per cent of reported results were successful. For the previous 5 weeks, the final clearance rate across the…