Domain released their preliminary auction results today, and the weak results continue.
The results from last week were lower again at 37%, with Sydney sitting at 35.8%. And of course the volumes are way lower than a year ago. The preliminary results will of course drift lower as the final results for this week come in.
In terms of the smaller markets, Brisbane listed 120, reported 59 and sold 20 with 12 withdrawn, giving a Domain clearance of 28%.
Adelaide listed 98, reported 40 and sold 22, with 9 withdrawn, giving a Domain clearance of 45%
Canberra listed 66 auctions, reported 52 and sold 27, with 5 withdrawn, giving a clearance of 47%.
