- Switzer Report - https://switzersuperreport.com.au -

Auction clearance rates higher than a year ago

The preliminary clearance rate across the combined capital cities was 75.7% this week for a reported 1,494 auctions.

Weekly clearance rate, combined capital cities

20150803 - weekly clearance rate com cap cities [1]According to research house CoreLogic RP Data, “…clearance rates are still tracking higher than they were one year ago, when the final auction clearance rate over the week was 68.9% across 1,473 auctions”.

Capital city auction statistics (preliminary)

20150803 - cap city [2]Sydney

Market heavyweight Sydney appears to be losing a little steam, with this week’s preliminary clearance rate coming in at 78.8%. That’s the fourth week in a row where Sydney’s clearance rate has been under the 80% mark.