Preliminary Clearance Rate Improves Across The Combined Capital Cities

Auction volumes remain low week-on-week while the preliminary clearance rate improves across the combined capital cities.

Auction volumes increased slightly over the week with 1,246 homes taken to auction across the combined capital cities, up from 1,178 last week. The preliminary clearance rate was recorded at 60.6 per cent this week, after finalised clearance rates have held between 52.0 – 52.6 per cent for the last 3 weeks. Although the clearance rate tends to revise down over the week…