'Significant' increase in auction clearance rates during December quarter - CoreLogic
CoreLogic's Quarterly Auction Update has shown increased activity for both buyers and vendors across the majority of capital cities in the three months to December 2019.
Preliminary clearance rate lower as volumes remain steady
The lower clearance rate this week was across a similar number of auctions week-on-week, with 1,100 capital city homes taken to auction, slightly lower than the 1,124 homes auctioned the week prior.
City auction markets log highest clearance rate in over a year
There were 901 homes taken to auction across the combined capital cities this week returning a preliminary clearance rate of 70.6 per cent, according to CoreLogic.
