Hammer time
Auction volumes this week were a little bit lower than a year earlier, though not much.
In Melbourne there were some 769 auctions this week, so the sample size is reasonable.
The preliminary auction results reported via CoreLogic are copied below, including the prior year volumes and results:
Source: CoreLogic
Figures released by Domain showed units in Sydney averaged a clearance rate of 75 per cent for the whole of August, versus 72 per cent for houses.