Auction Results 26 May 2018

Domain have released their latest preliminary clearance results for today. More evidence of slowing trends.

In Sydney  665 properties were listed and 291 were sold. 79 were withdrawn.  Last week Sydney ended up with a 48.7% clearance result, so it will be interesting to see if there is any final recover today, as more results come in.

Melbourne listed 963 properties and 468 sold with 15 withdrawn. Last weeks final result was 57.3%.

Brisbane listed 82 and sold 22, with 3 withdrawn, Adelaide listed 57 and sold 25, with 6 withdrawn and Canberra listed 62 and sold 36 with 3 withdrawn.

For more on how the results are collated, and how believable they are see, see our video “Auction Results Under The Microscope”.

 

Author: Martin North

Martin North is the Principal of Digital Finance Analytics

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