Preliminary Results Show A Clearance Rate Of 56.8 Percent Across 2,155 Auctions

There were 2,155 homes taken to auction across the combined capital cities this week, with preliminary results showing a 56.8 per cent success rate. This is the third consecutive week where the preliminary clearance rate has been in the 56 per cent range so it is likely that we will see revision down to the low 50’s as final results are collected which is what we have seen over the last two weeks.

Through March the largest auction markets have seen the clearance rate holding around…