According to the latest APM PriceFinder provisional auction results, there was another strong result today. This confirms the strong demand for property, especially in the south-eastern states and points to continued momentum into the spring.
Nationally, there were 1,646 properties listed, with 77.5% clearance, compared with 73.1% last week, and 73.3% this time last year, albeit off a higher number of listings.
In Sydney, 80.7% were cleared from the 574 listings, compared with 78% last week and 72.5% last year. Melbourne achieved 77.9% clearance from the 877 listings, compared with 73.2% last week and 76.9% last year, again from a higher number of listings. Of the 53 listings in Canberra, 79% cleared; of the 86 in Brisbane 49% cleared; and in Adelaide of the 56 listed, 61% cleared.
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