Commercial Auction Results – Fortnight Ending 5 July

CoreLogic’s preliminary auction results indicate the national commercial property auction clearance rate continues to trend downward. There were 62 commercial auction results captured over the two week reporting period ending July 5th, with 29 properties reported as sold, providing a clearance rate of 46.7%.

Victoria continues to deliver the strongest results with an auction clearance rate of 62.5% followed by New South Wales and Queensland at 40.7% and 25% respectively.

At a…