Auction Momentum Higher This Week

Today’s provisional auction clearance results from Domain continue their run of high clearance rates.  The national clearance rate is 75.6%, compared with 72.9% last week, and 59.8% last year. Melbourne achieved 79%, higher than last week, and last year. Overall volumes are down on a year ago, but higher than last week.

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Brisbane achieved 53% on 151 listings, Adelaide 66% on 90 listings and Canberra 64% on 79 listed.

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Author: Martin North

Martin North is the Principal of Digital Finance Analytics

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