It may be a moot point whether home prices are rising or not, but the latest results from the APM PriceFinder team shows that nationally 76.3% of property for auction sold, compared with 68.6% last week, and 75.1% last year. However, the total number for sale was lower at 1,177, compared with 1,288 last week, and 1,989 last year.
Sydney led the way with 79.4% clearance from 393 listings, but there was more activity in Melbourne, with 676 listed, though 77.9% cleared. Both are higher that a year ago, when 74% cleared in Sydney and 71.7% in Melbourne.
