Auction Results 16 Nov 2019

Domain released their preliminary results for today.

The latest results continue the high clearance rates, with volumes now tracking closely to those a year ago (when momentum had ebbed away).

Canberra listed 66 auctions, reported 54 and sold 39, with 3 withdrawn and 15 passed, giving a Domain clearance of 68%.

Brisbane listed 86 auctions, reported 34 and sold 15, with 14 withdrawn and 5 passed in, giving an Domain clearance of 38%.

Adelaide listed 93 auctions, reported 32 and sold 27, with 14 withdrawn and 5 passed in, giving a Domain clearance of 59%.

DFA’s additional calculation:

Interestingly, the number of auctions advertised before the day was around 480, compared with the 763 reported in Sydney.

Author: Martin North

Martin North is the Principal of Digital Finance Analytics

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