According to the APM PriceFinder, clearance rates remain strong, especially in the eastern states, although compared with last year, sales volume is down. The auction results today shows a national average clearance rate of 73.9%, compared with 71.2% last week. Sydney achieved a rate of 77.2%, higher than this time last year (76.9%) and last week (71.5%), although the number of properties offered was 357, compared with 715 last year. In Melbourne, 476 were offered, compared with 735 on the same weekend last year, and 74.2% were cleared compared with 75.6% last week, and 75.1% last year. Adelaide achieved a 75% clearance on 52 listed, Brisbane achieved 52% clearance on 79 listed and Canberra achieved 74% clearance on 29 listed properties.
