Domain released their preliminary auction results for today and it appears the tide is receding quickly.
Last week closed out at 46.1% and today’s preliminary was 47.2%, with the continued fall in volumes.
Adelaide listed 73, reported 34 and sold 22 with 8 withdrawn, giving a 52% Domain clearance.
Canberra listed 61, reported 50 and sold 23, with 1 withdrawn, giving a 45% Domain clearance.
Brisbane listed 97 auctions, reported 45 and sold 23 with 6 withdrawn giving a Domain clearance of 45%.