Slight increase in preliminary auction clearance rate across higher volumes

There were 2,155 homes scheduled for auction across the combined capital cities this week, up from 1,803 over the previous week. Of the 1,763 results collected so far, 73.9 per cent have reported a successful result, slightly higher than last week’s preliminary auction clearance rate of 73.6 per cent, which revised down to 69.1 per cent at final figures. Over the same week last year, 3,206 homes were taken to auction and 73.6 per cent of reported results were successful. 

Capital City…