Sydney's clearance rate falls for tenth consecutive week: CoreLogic RP Data

Sydney's clearance rate falls for tenth consecutive week: CoreLogic RP Data
Sydney's clearance rate falls for tenth consecutive week: CoreLogic RP Data

Sydney's preliminary clearance rate has fallen for the tenth consecutive week, according to CoreLogic RP Data, with this week's fall down to 55.6% making for the fifth week in a row under 60%.

1,051 auctions were held across Sydney for the week ending 6 December, with five regions posting a higher than 60% preliminary clearance rate - the Inner West (66.1%), Eastern Suburbs (65.2%, City and Inner South (64%) and Northern Beaches and North Sydney and Hornsby (both 62.5%).

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Sydney's clearance rate falls for tenth consecutive week: 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.

Tags: 
Clearance Rates Property market

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