The auction clearance rate jumped with the return of on site auctions but does this mean a recovery has started?

By Eliza Owen, Head of Research Australia at CoreLogic The week ending 10th of May delivered a final auction clearance rate of 59.9%. This has jumped from a clearance rate of 47.5% in the previous week and a recent low of just 30.2% only four weeks ago. It is the highest clearance rate result since the week ending March 15, before the strictest social distancing … Continue reading The auction clearance rate jumped with the return of on site auctions but does this mean a recovery has started?