VIDEO – Clearance rate improves

VIDEO – Clearance rate improves

  • Lower numbers drive demand
  • Rolling clearance approaches a 3 year high
  • All capitals up on last year

In the last seven days there were 1529 properties taken to auction across the combined capital cities. While this represented a slight fall in numbers from the previous week, the clearance rate climbed to 77%. That compares to a clearance rate this time last year of 55.3%.

Kevin Brogan predicts that the final results later this week will see a clearance rate above 70% for the third consecutive 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.

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Kevin Turner
kevin@realestatetalk.com.au
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