Last weekend, CoreLogic released its preliminary auction clearance rates, which revealed the following results:
Today, CoreLogic has released its final auction results, which reported a 3.5% decline in the final national auction clearance rate to 72.1% – well above the same weekend last year (46.0%) but below last week’s 73.5%:
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As you can see, Sydney’s final auction clearance rate was 5.1% lower than the preliminary reported rate, whereas Melbourne’s was 1.8% lower. However, both were in the mid-to-high 70s and tower above last year’s 44.6% (Sydney) and 45.7% (Melbourne).