The latest data from APM’s PriceFinder shows Sydney auction clearances reach 82.8%, up from 72.4% last week, on listings of 464, compared with 728 this time last year. Melbourne reached 79.5%, compared with 73.7% last week, on 522 listings compared with 612 last week and 773 last year. So while the number of properties listed are down, the clearances are astonishingly high.
Looking nationally, clearances were 77.4%, on 1,153 listings compared with 71.2% last week, though a year ago, 1,696 properties were listed. Adelaide listed 45 and cleared 62% whilst Brisbane listed 77 and achieved 46% clearance.
