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MasterStrategist

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03/10/18

00:12

Post #: 35969075
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Originally posted by Keffola ↑

How does that compare to the boom times in terms of % reported? From memory a decent amount of auctions are unreported even during the peak.

Basically I've heard the clearance data is always flawed, but since the flaws in the data are consistent, it's better to just look at the trend and not the "clearance rate itself?

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Hi Keffola
Please don't take auction result as a viable indicator. Property analysts might look at them out of interest, but they do all their calculations based on settlement numbers derived from the States - Valuer Generals Office.
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