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1.Market Observations, 8.Was Sticky

24 July 2017 (AFR) – Weekly auctions: easing market gets boost in first weekend after school holidays

(24 July 2017, AFR, p3, by Michael Bleby)

‘Auction clearances and volumes got a boost in the first week after the mid-year school holidays, lifting the traditionally quiet winter market.  The preliminary national clearance rate jumped to 74.8 per cent in the week to Saturday, up from the previous week’s final rate of 69.4 per cent as the number of auctions rose in most mainland capitals and the clearance rate gained in every city except Adelaide, where it was unchanged.’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

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