Auction Results 16 March 2019

Domain has released their preliminary results for today.

The weak results continue, with a final clearance rate last week of 45.4% on very low volumes, and Melbourne continues lower than Sydney. Once again the results today are off low volumes, and will likely settle lower.

In Brisbane there were 75 listed, 32 reported and 13 sold, with 4 withdrawn giving a Domain clearance of 36%.

In Adelaide, 70 were listed, 36 reported and 20 sold, with 4 withdrawn giving a Domain clearance of 50%.

Canberra listed 64, reported 43 and sold 24, with 9 withdrawn, giving a Domain clearance of 46%.

Author: Martin North

Martin North is the Principal of Digital Finance Analytics

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