The preliminary results from Domain show auction clearance momentum continued today. Clearances nationally hit 77% on a higher listing than last week. This time, last year on slightly higher listings the score was 61.7%. Sydney achieved 80.4%, the highest win rate, but Melbourne listed 1,106 properties, the highest nationally. The news from the US did not scare the horses!
Brisbane cleared 59% of 159 scheduled auctions, Adelaide 69% of 83 listed and Canberra 70% of 72 scheduled auctions.
