For the week ending the 14th October there were 27 reported commercial auctions with a 48.1 per cent clearance rate, compared to the previous week’s 45 reported at 44.4 per cent. This is almost half the reported volume as the same period last year, with a total of 53 auctions recorded and a 64.1 per cent clearance rate. Over the four weeks ending 14th October, there were 132 commercial auctions reported with 71 results reported as sold. The total value of the 43 sold results reported with a price was just short of $90.3 million.

2016_10_14_auction_graph

The table below indicates National Auction Clearance Rate figures.

2016_10_14_auction_table