• Numbers almost double Y.O.Y.
  • Clearance suffers

With each of the capitals, excluding Brisbane and Perth, recording busy weeks, this week’s auction activity was up 24% compared to the week prior. However, this week’s preliminary clearance rate fell back below 70%. 

Last week Melbourne recorded its busiest week of the year so far while in Sydney, it was the 6th busiest auction week.

Auction activity was up 31.5% across the smaller capital cities this week with Canberra and Adelaide recording their busiest week of the year so far.

Watch the most comprehensive and up-to-date report on auction activity around Australia – powered by CoreLogic – with Eliza Owen. Exclusively on Realty Media Group’s Realty Talk.  See all our shows at Realty.com.au

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