Domain has released their preliminary auction results for today.
Last week final clearance rate was 52.9%, of the 1,155 listed 562 sold. This week again on low volumes, the markets are reporting slightly stronger numbers, but only 367 from 962 are reported, and this time last year 1,821 were listed. So we can see the markets are hardly buoyant!
In Brisbane 52 were listed, 31 reported, 12 sold and 2 withdrawn, giving a Domain clearance of 36%.
In Adelaide, 60 were listed, 26 reported and 20 sold with 4 withdrawn, giving a Domain clearance of 67%.
In Canberra 29 were listed, 23 reported and 10 sold with 1 withdrawn giving a Domain clearance of 42%.
You can read about their methodology here.
