Last week saw the final weighted average clearance rate improve across a lower volume of auctions and fewer withdrawn auctions. There were 1,154 capital city homes scheduled for auction last week, returning a final auction clearance rate of 58.7%.  To the week ahead now and this week, auction volumes are expected to remain somewhat steady on both a week-on-week and year-on-year basis.    CoreLogic are currently tracking 1,190 auctions this week.   

We broadcast the most comprehensive and up to date report on auction activity around Australia – powered by CoreLogic – every Friday and Monday exclusively on Realty Media’s Real Estate Talk.  See all our shows at Realty.com.au

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