Auction Results 12 May 2018

Domain released their preliminary auction  clearance results for today.

Sydney looks lower again, both in terms of volume and preliminary clearance, Melbourne is lower on volume, and the final rate will settle lower. So the lower momentum compared with last year continues

Brisbane listed 122 auctions, but sold 45 with 9 withdrawn, Adelaide listed 72 and sold 27, with 2 withdrawn, and Canberra listed 55 with 37 sold and 1 withdrawn.

Watch our video on whether these numbers are likely to be an accurate reflection.

Author: Martin North

Martin North is the Principal of Digital Finance Analytics

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