Melbourne Was The Top Performer This Week With A Preliminary Clearance Rate Of 69.7 Per Cent Across 644 Auctions

There were 1,480 homes taken to auction across the combined capital cities this week returning a preliminary clearance rate of 63.7 per cent. Last week saw 1,505 homes taken to auction with the final clearance rate coming in at 61.8 per cent, the highest final clearance rate since May last year. After remaining results are collected we expect the final clearance rate to be slightly lower week-on-week. Over the same week last year, auction activity was higher with 1,849 homes taken to auction…