Domain released their preliminary auction results for today.
The national clearance rate once again settled last week at around 50%, with Melbourne a little stronger than Sydney, but with a high proportion of properties withdrawn, so little meaning in the lower numbers, when compared with a year ago.
Today’s results also look weak, little sign of a spring bounce as yet.
Brisbane listed 105, reported 56 and sold 26, with 3 withdrawn. Domain estimates a 43% clearance rate.
Adelaide listed 59, reported 33 and sold 20, with 9 withdrawn. Domain estimates a 48% clearance rate.
Canberra listed 73, reported 60 and sold 41, with 2 withdrawn. Domain reported a clearance rate of 66% – the highest in any of the reported centres. Another example of the Canberra bubble?
These will of course all settle lower as more data comes in.
