Easter Long Weekend Returns A Rise In Capital City Clearance Rate

Across the combined capital cities, the preliminary auction clearance rate rose to 72.2 per cent, from 62.7 per cent the previous week. The number of homes taken to auction however, fell to just 634 across the capital city markets, with Sydney host to the majority of auctions (362). 

Preliminary results for Sydney show that 77.8 per cent of reported auctions (207) were successful, the strongest clearance rate for the city this year; however it is likely that this will revise…