Auction market continues to heat up

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Last weekend, the nation’s auction market kicked back into high gear with 1,779 auctions held across the combined capital cities and a final clearance rate of 72.5% recorded:

Despite the high volumes, the nation’s clearance rate has rebounded:

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According to CoreLogic:

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.