Preliminary results show 71.3 per cent of the 2,231 reported results were successful this week, up marginally from a final auction clearance rate of 69.7 per cent last week and lower when compared to one year ago (78.6 per cent). This week 2,651 capital city auctions were held, much higher than last week when 1,565 were held and comparable with the same time last year (2,540). Each individual capital city market has seen a rise in auction volumes over the week, while clearance rates have been somewhat varied.
