Domain have released their preliminary results for today, and the story of slower volumes and clearance rates continues unabated.
Of note is that last week the final national clearance rates were 50%, and there was a high count of withdrawals and cancelled auctions. The final results will again settle lower this week.
Brisbane listed 95 auctions, reported 43 and sold 25. 6 were withdrawn, giving a Domain preliminary clearance of 51%.
Adelaide listed 57 auctions, reported 36 and sold 19. 3 were withdrawn, giving a Domain preliminary clearance of 49%.
Canberra listed 43 auctions, reported 35 and sold 21. 1 was withdrawn, giving a Domain preliminary clearance of 58%.