Domain released their preliminary results for today. More weakness as COVID impacts.
Canberra listed 39 auctions, reported 32 with 24 sold, 1 withdrawn and 8 passed in, to give a Domain clearance of 73%.
Brisbane listed 45 auctions, reported 29 with 15 sold and 14 passed in to give a Domain clearance of 52%.
Adelaide listed 31 auctions, reported 15 and sold 10 with 5 passed in to give a Domain clearance of 67%.
Domain says: from Thursday July 9 the Victorian government placed a ban on public real estate auctions as part of social distancing measures to slow the spread of COVID-19. The number of auctions withdrawn in the immediate weeks following the ban are likely to be higher than normal.
