Clearance rates reach new heights in latest auction results
Buyers continue to be out in force during the final weeks of winter, with the latest preliminary results from CoreLogic indicating the capital city clearance rate for the week ending August 25 could surpass the previous week's mark.
Combined capital city clearance rate expected to reach highest point since May 2017
The final weekly clearance rate for the combined capital cities is expected to hold above 70 per cent for the first time in more than two years, according to the latest data.
More Australians seeking space this spring: research
New research from Westpac has shown the proportion of Australians considering upsizing has nearly doubled since last year, while more than half are feeling more confident about the state of the property market.
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.
