Last weekend, CoreLogic released its preliminary auction clearance rates, which revealed the following results:
Yesterday, CoreLogic has released its final auction results, which reported a 4.9% decline in the final national auction clearance rate to 64.0% – well above the same weekend last year (52.6%) and above last week’s 62.9%:
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As you can see, Sydney’s final auction clearance rate was 6.9% lower, whereas Melbourne’s was 3.1% lower. However, both final clearances in Sydney and Melbourne were well above last year’s 50.1% and 56.1%. Sydney’s clearance rate was also the highest in more than two years (June 2017).
