Sydney Has Its 2nd Busiest Auction Week Of The Year Returning A Preliminary Clearance Rate Of 81%

There were 2,375 homes taken to auction across the combined capital cities this week, up from 1,555 over the previous week. Preliminary results show a clearance rate of 72 per cent, after last week’s final clearance rate dropped to 68 per cent. Once the remaining results are collected, the clearance rate will likely revise below 70 per cent for the second week in a row. One year ago, 2,386 auctions were held across the combined capitals, with only 43.3 per cent returning a successful…