Preliminary Auction Clearance Rates Cool Over the First Week of Winter

Auction clearance rates cool over the first week of winter, remaining below 60 per cent for the fourth consecutive week. 

The first week of winter sees auction volumes remain steady across the combined capital cities, with 2,272 homes taken to market returning a preliminary clearance rate of 57.6 per cent.  While the preliminary clearance rate shows a week-on-week improvement, it’s likely that as final results are collected the weighted average will fall to remain at a similar, if not…