Sydney’s clearance rate under 60% CoreLogic RP Data
Michael CrawfordDecember 7, 2020
Sydney’s clearance rate is under 60 per cent for the third week in a row for the week ending 22 November, according to CoreLogic RP Data's Market Indicator Summary.
Melbourne’s clearance rate stayed under 70% for the fifth week in a row.
Nationally, some 3,087 auctions were held during the week with the preliminary national clearance rate has fallen to 60.8% from 62.3% last week.
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.