Auction Results 30 May 2020

Domain released their preliminary results for today. Volumes were slightly higher than last week, but still well down on a year ago. 593 auctions were listed, compared with 1,377 last year. So the quoted clearance rates really are meaningless for now.

Canberra listed 16 auctions, reported 15 and sold 11, with 4 passed in giving a Domain clearance of 73%.

Brisbane listed 23, reported 18 and sold 7, with 1 withdrawn and 11 passed in so giving a Domain clearance of 37%.

Adelaide listed 12 auctions, reported 8 and sold 3, with 5 passed in so giving a n/a result from Domain.

Author: Martin North

Martin North is the Principal of Digital Finance Analytics

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