Domain have released their preliminary auction clearance results, and they look pretty shocking with a national clearance of 48.4% on a low volume. No spring uptick in sight! The final results from last week are also down and well below 50%
Melbourne continues to weaken fast, and large numbers of properties across the country were withdrawn.
Brisbane listed 101, 4 were withdrawn, 59 reported and 21 sold, giving a Domain clearance of 33%.
Adelaide listed 56, 5 were withdrawn, 28 reported and 13 sold, giving a clearance of 39%.
Canberra listed 52, 2 were withdrawn, 41 reposted and 24 sold, giving a clearance of 56%.
