Preliminary clearance rates dip amid busiest auction week of the year.
The Australian property market recently navigated its busiest auction week since March 2024, a surge in volume that appears to have slightly dampened the overall preliminary clearance rate across the combined capital cities. Record Volume Meets Resistance Last week saw 3,258 capital city homes taken to auction, representing the highest weekly volume recorded since March 2024. This substantial influx of stock marked a 5.8% increase … Continue reading Preliminary clearance rates dip amid busiest auction week of the year.