June Returns a 56.7% Preliminary Auction Clearance Rate

The final week of June returns a 56.7 per cent preliminary auction clearance rate with fewer homes taken to market week-on-week.

The last week of June saw fewer homes taken to auction, with 1,669 auctions held across the combined capital cities, down from the 1,849 held over the week prior. The lower week-on-week volumes returned a slightly improved preliminary clearance rate of 56.7 per cent, contributing to a year-to-date average of 60.5 per cent for the first six months of 2018 based on…