Clearance rates at commercial auctions up for week ending August 5: CoreLogic RP Data

Clearance rates at commercial auctions up for week ending August 5: CoreLogic RP Data
Clearance rates at commercial auctions up for week ending August 5: CoreLogic RP Data

 

Clearance rate for commercial auctions improved for the week ending August 5 from the previous week, according to the latest Commercial Market update from CoreLogic RP Data. 

 

Preliminary results show an improving clearance rate over the week ending August 5, at 63.4 percent across 41 results, compared to the previous week when 58.6 percent of the 58 auctions were sold.

 

Over the corresponding week last year, 67.9 percent of the 84 auctions were sold. There were 167 reported auctions over the past four weeks, with 97 successful results. Of these 97 sales, 77 have been reported with a sale price, totalling approximately $207.93 million.

 

Click to enlarge

 Clearance rates at commercial auctions up for week ending August 5: CoreLogic RP Data

The table below indicates National Auction Clearance Rate figures.

Click to enlarge

Clearance rates at commercial auctions up for week ending August 5: CoreLogic RP Data 

Tags: 
Commercial Sales Commercial Auctions

Community Discussion

Be the first one to comment on this article
What would you like to say about this project?