"Yesterday saw some improvement, with 70 per cent of the 658 properties up for auction selling, according to the Real Estate Institute of Victoria. The clearance rate held up despite a sizeable surge in stock levels, thanks to auctions being deferred because of the election day last weekend."
reiv.com.au
70%, not too bad at all
as for weighted averages including Brisbane, a market that barely clears 45% in the best of times.
Sydney and Melbourne are the ones to watch for clearance reates.
