The weekend's auction results.
Auction Update The Wrap airs every Monday at 12:30 pm +10 UTC, LIVE on Facebook, Twitter and YouTube.
There were 1,605 homes taken to auction across the combined capital cities this week, increasing on the week prior when 1,415 homes were auctioned. The higher volumes saw the preliminary clearance rates soften, coming in at 73.6%. Year on year results continue to see volumes trend lower each week compared to corresponding weeks one year ago, while clearance rates are up by around 15 to 20%.
Get a full rundown of results in all the capitals including a breakdown between units and houses. Also a look inside the top sales in Sydney, Melbourne, Adelaide and Brisbane, Canberra and Perth. Kevin Brogan joins Kevin Turner to present the latest figures from Core Logic.