Domain released their preliminary results for today.
The volumes are creeping up a little, but still below a year ago. 1,663 compared with 2,112 last year. Final clearance rates 73% last week in Sydney and Melbourne, so transaction throughput still on the low side. A number of agents will be fretting about cash flow on these numbers!
Canberra listed 38, reported 32 with 17 sold, 1 withdrawn and 15 passed in giving a Domain clearance of 52%.
Brisbane listed 88, reported 44 and sold 23 with 11 withdrawn and 21 passed in, giving a Domain clearance of 42%.
Adelaide listed 68, reported 39 and sold 25 with 5 withdrawn and 14 passed in, giving a Domain clearance of 57%.
