Melbourne has the lowest preliminary clearance rate since February: CoreLogic RP Data

Melbourne has the lowest preliminary clearance rate since February: CoreLogic RP Data
Melbourne has the lowest preliminary clearance rate since February: CoreLogic RP Data

Melbourne had the lowest preliminary clearance rate since February for the week ending August 23, according to CoreLogic RP Data.

According to the CoreLogic RP Data Property Market Indicator Summary, the preliminary auction clearance rate across the combined capital cities was 74.1% from 1,784 reported results.  

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Melbourne has the lowest preliminary clearance rate since February: CoreLogic RP Data

 

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Melbourne has the lowest preliminary clearance rate since February: CoreLogic RP Data

Michael Crawford

Michael Crawford

Michael is the real estate reporter for western Sydney and loves writing about homes and the people who live in them. A former production editor and news journalist, he enjoys writing about real-world property purchases as well as aspirational buys and builds. Following a recent move from Sydney’s northern beaches, Michael now actually enjoys commuting.

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Auctions Clearance Rate

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