melbourne: 10 and 11 september, page-2

Was 516 the pre weekend number? I think from memory it was, and the actual auctions reported, for which they work out the clearance rate was closer to 460?

They say this week 630 auctions, watch and see them only report on low 500's and then calculate the clearance rate on that. The others just vanish into a real estate black hole. This is why the clearance rate has actually been in the 40%'s IMO.

In better times the agents would be more likely to report almost all results, even withdrawn.

Would be interesting to chart this delta over the last couple of years. The width of the gap may be a leading market health indicator. Difficult to collate the data as the RE industry would be trying to sweep that data under the carpet.