Auction Results 25 August 2018

Domain has released the latest preliminary auction results for today.

Striking the final results last week settled BELOW 50% nationally, on much lower volumes than a year ago and higher withdrawals. More evidence of the slowing market.

Brisbane listed 93 auctions, reported 48, withdrawn 13 and cleared 33% (on Domain’s basis).

Adelaide listed 62 auctions, reported 27, withdrawn 3 and cleared 70% (on Domain’s basis).

Canberra listed 49, reported 38, withdrawn 1 and cleared 85% (on Domain’s basis).

Author: Martin North

Martin North is the Principal of Digital Finance Analytics

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