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Sydney Registers Better Auction Clearance Rate

auction-clearanceIn an article for the website Your Investment Property, Phil McCarroll writes that the rate of national auction clearance has been coming down. In contrast, Sydney’s auction scene has been looking good. The preliminary clearance for Sydney has topped 80%; a figure it has touched for the first time in the last 5 weeks. Compared to a week prior, Sydney’s rate has jumped up by 1.7%.

In contrast, the preliminary rate has dropped in Melbourne by 2% and Brisbane by 0.9% over the last week.

You can read the original article here.