Domain has released the preliminary auction results for today. Volumes are up this week, but still well below this time last year. Sydney lags Melbourne in terms of clearance rate, the opposite to a year ago. Nationally 69.6% cleared against 74.9% last year. This is preliminary and the final results will likely settle lower.
Brisbane cleared 60% of 93 scheduled auctions, Adelaide 67% of 49 auctions and Canberra 65% of 60 listed.
