There’s no slowing this property boom

Print This Post A A A

The property market continued to steam ahead this week with the national clearance rate across the combined capitals rising to 78.4% from 77.5%. The number of auctions was also up – to 2470 from 2232 the previous week.

There was also a near 10-percentage point jump on last year’s clearance rate of 67.1%.

Capital city auction statistics (preliminary)

20150525 - capital city auction statisticsSydney edged nearer to the 90% mark this week, with 86.9% of 770 auctions captured by Core Logic RP Data going under the gavel.

Also from this edition