Auction Markets Rally To Deliver A Great Start To 2018 

A quarterly analysis produced by CoreLogic on auction market activity showed an increase in the combined capital city auction clearance rate of 64.6 per cent over the March 2018 quarter, up from 62.3 per cent over the December 2017 quarter. 

All cities apart from Perth and Tasmania recorded an increase in auction clearance rates over the quarter; Perth rates dropped -5.0 per cent and Tasmania by -6.4 percent. In contrast, Sydney recorded the largest increase, up from 57.7 per cent to 63.6…