Auction Clearance Rates Rise by 6.6% Over March Quarter

Around half of all homes up for auction across Australia’s capital cities sold during the first quarter of 2019, with the latest CoreLogic Quarterly Auction Market Review showing a clearance rate of 49.9 per cent across the combined capitals. This is an increase of +6.6 percentage points on the December quarter results.

While clearance rates for the March quarter are on the up, they pale in comparison to the same quarter last year, when 64.6 per cent of properties across the combined…