Domain released their preliminary actions results for today.
Last week saw a final clearance at 46%, well down on the preliminary result, and lower in volume and rate compared with a year ago. Large numbers of auctions remain unreported. This week may be stronger but the volume is still way down. However the early signs are not good.
Brisbane listed 54, reported 13 and sold 3 with 5 withdrawn giving a clearance rate of 17% on a Domain basis.
Adelaide listed 34 and reported 7 with 2 sold and 4 withdrawn, giving a Domain clearance of 18%.
Canberra listed 35 auctions, reported 14 and sold 8 with 1 withdrawn gicing a 53% Domain clearance.
Hi Martin, there seem to be a lot of “Private Exchange” in the Melbourne list and they all seem to be sold in April ??? some as early as April 6th. Seems very odd. Can you explain?