11 Nov Sydney returns ‘heady’ results
There were 2,375 homes taken to auction across the combined capital cities this week, up from 1,555 over the previous week. Preliminary results show a clearance rate of 72 per cent, after last week’s final clearance rate dropped to 68 per cent.
Melbourne saw 1,016 homes taken to auction this week, returning a preliminary clearance rate of 70.8 per cent.
There were 931 homes taken to auction across Sydney this week making it the 2nd busiest auction week of the year for the city. Preliminary results show a clearance rate of 81 per cent,
Across the smaller auction markets, Canberra and Perth saw an increase in auction volumes week-on-week while Adelaide, Brisbane and Tasmania saw fewer homes taken to auction over the week.
Get a full rundown of results in all the capitals. Also a look inside the top sales in Sydney, Melbourne, Adelaide, Brisbane, Canberra and Perth. Kevin Brogan joins Kevin Turner to present the latest results from Core Logic.