Sydney has been the standout of the capital city auction markets in the first week of spring, recording a preliminary clearance rate of 83.1 per cent in the latest results from CoreLogic.
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.
Improved clearance rates show sellers are adjusting to the market - CoreLogic
Auction clearance rates have remained firm throughout March, leading experts to believe that sellers are adjusting to the conditions of the current market.