‘Fairly solid' auction clearance rates across Australia despite quieter winter
REA Group Senior Economist Angus Moore discusses the 'fairly solid' auction clearance rates across Australia.
This comes amid Australia returning a national clearance rate of 63.2 per cent.
'Obviously very light volume in some cities, as we'd expect to see in winter,' Mr Moore said.
'But even in Sydney and Melbourne, which are our deepest and most liquid markets, particularly for auctions, we're still seeing pretty solid results.'
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‘Fairly solid' auction clearance rates across Australia despite quieter winter
REA Group Senior Economist Angus Moore discusses the 'fairly solid' auction clearance rates across Australia. This comes amid Australia returning a national clearance rate of 63.2 per cent. 'Obviously very light volume in some cities, as we'd expect to see in winter,' Mr Moore said. 'But even in Sydney and Melbourne, which are our deepest and most liquid markets, particularly for auctions, we're still seeing pretty solid results.'
