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.
Capital clearance rate remains above 60 per cent for fourth consecutive week
There were fewer homes taken to auction over the first week of July, with 945 capital city auctions held returning a preliminary auction clearance rate of 68.9 per cent.
The Sydney apartment market recorded a stronger clearance rate (70.7 per cent) than the house market (64.2 per cent), according to CoreLogic's preliminary data for last week.