Domain have released their preliminary clearance results for today.
The final result last week was a little stronger at 55% but the volumes are still low. This week 1,318 were listed compared with 1,860 this time last year, and 574 were sold. I am sure people will be shouting about the “62% clearance rate”, but lets see where it settles, and again volumes are still well down.
Canberra listed 37 auctions, sold 16 and 1 was withdrawn, with 16 passed in, giving a Domain clearance of 48%.
Brisbane listed 68 auctions, sold 15 with 1 withdrawn and 30 passed in, giving a Domain clearance of 33%.
Adelaide listed 49, sold 12, 4 were withdrawn and 14 passed in giving a Domain clearance of 40%.
