Domain has released their preliminary results for today, and volumes look like they are way down. Final results will of course settle lower.
Last weeks final result was a clearance rate of 50%, 15% lower than a year ago. So more evidence of the slowing market.
Today, Sydney reported 516 listed, but 214 sold an 74 withdrawn. Melbourne listed 821, sold 429 and 21 were withdrawn. Brisbane listed 69, sold 20 and 6 were withdrawn. Adelaide listed 51, sold 24 and 1 was withdrawn. Canberra listed39, sold 22 and 3 were withdrawn.
