Auction Volumes Fall This Week

The latest results from Domain show that the volume of auctions this week was lower, and last week the clearance rate ended up at a weak 58.7% nationally.  More evidence that momentum is easing, especially in Sydney.

Brisbane cleared 45% of 131 scheduled, Adelaide 58% of 87 and Canberra 77% of 81 auctions scheduled, so the strongest result.

 

Author: Martin North

Martin North is the Principal of Digital Finance Analytics

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