- Houses prove to be more popular
- Canberra is clearance capital again
Auction volumes increased week-on-week with 3,033 homes taken to auction across the combined capital cities this week, the second busiest week for auctions this year.
The higher volumes saw the preliminary clearance rate come in lower with 78.6 percent of the 2,585 results collected so far recording a sale, compared to the previous week when 2,902 homes were taken to auction and a preliminary auction clearance rate of 80.4 percent was recorded.
Watch the most comprehensive and up-to-date report on auction activity around Australia – powered by CoreLogic – with Eliza Owen exclusively on Realty Media’s Real Estate Talk. See all our shows at Realty.com.au