Auction markets see reduced activity due to lockdowns, but the preliminary clearance rate holds above 75% across the combined capitals.

Auction volumes and the combined capital city preliminary clearance rate feel week-on-week with 1,672 auctions held and a success rate of 76.4%. This comes as Melbourne announces a 7-day snap lockdown resulting in the 3 largest capital cities now being in lockdown. Last week, a preliminary…