- Clearance and volumes are steady
Core Logic is reporting a steady market as their results show both clearance rates and volumes are stable. There were 1,082 capital city homes taken to auction this week, a slight increase on last week – up by 36 and returning a 64.7% successful result. At the time of reporting there are results on 829 of the 1,1082 auctions showing Sydney with 71.9%, Melbourne 50.3% and 41% withdrawn, Brisbane 48.1%, Adelaide 57.9% and Canberra 87.8%. CoreLogic will continue to track the remaining 250 odd unreported results and we will bring you the final results on Friday.
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