Auction Activity Takes a Back Seat (Oct 2018)

Auction activity takes a back seat to Grand Finals and long weekend festivities, sending the preliminary combined capitals clearance rate below 50% for the first time since December 2012

There was a significant drop in auction numbers across the combined capital cities this week, with a total of 889 auctions held. The lower activity is the result of a number of states being host to a long weekend as well as both the AFL and NRL grand finals taking place. 

Preliminary results…