Combined Capital City Clearance Rate And Volumes Remain Steady

There were 1,082 capital city homes taken to auction this week, a slight increase on the 1,046 homes auctioned the week prior. According to preliminary results, 64.7% returned a successful result, this was a minor improvement on last week’s preliminary figure of 64.3% later revising down to 58.4% at final collection.  The last few weeks have seen both the clearance rate and number of homes taken to auction relatively steady each week, with volumes remaining around the 1,100 level and…