National auction market – 5 weeks over 70% | Robert Larocca

A preliminary weighted average clearance rate of 72 per cent was recorded this week across capital cities compared to 70.8 per cent last week and 73.5 per cent this time last year.

This is the fifth consecutive week where the national clearance rate has exceeded 70 per cent.

RP Data auction review | Capital Cities

In Sydney a preliminary clearance rate of 78.5 per cent was recorded compared to 78 per cent last week. This weeks result is above the year to date trend of 75.2 per cent.

RP Data auction review | Sydney

In Melbourne there was a preliminary clearance rate of 78.5 per cent recorded compared to 72.1 per cent last week.  It needs to be noted that there was a very low volume this week.

RP Data auction review | Melbourne

In Brisbane a preliminary clearance rate of 50 per cent was recorded compared to 38.9 per cent last week.

RP Data auction review | Brisbane

Adelaide recorded a clearance rate of 67.4 per cent compared to 68.4 per cent last week.

RP Data auction review | Adelaide

In Canberra a clearance rate of 41.2 per cent was recorded.



Want more of this type of information?


Robert Larocca

About

Robert Larocca is RP Data's Victoria Housing Market Specialist. He has built a profile over the past eight years as an expert on the Victorian residential property market. Visit www.rpdata.com


'National auction market – 5 weeks over 70% | Robert Larocca' have no comments

Be the first to comment this post!

Would you like to share your thoughts?

Your email address will not be published.
CAPTCHA Image

*

0
0

Michael's Daily Insights

Join Michael Yardney's inner circle of daily subscribers.

NOTE: this daily service is a different subscription to our weekly newsletter so...

REGISTER NOW

Subscribe!