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1.Market Observations, 8.Was Sticky

1 May 2017 (AFR) – Auction clearance rates edge higher in Sydney and Melbourne

(1 May 2017, AFR, p3, by Su-Lin Tan)

‘Auction clearance rates in the big housing markets of Sydney and Melbourne ticked higher this week as activity picked up after the Anzac and Easter holidays. Sydney registered a preliminary 78.4 per cent clearance rate while Melbourne was 79.9 per cent for the week, according to Corelogic. Clearance rates have exceeded 80 per cent on a regular basis since the start of the year.’

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