Aussie house prices “very close to bottom” as auctions rebound - MacroBusiness

8/21/2022 12:00:00 AM2 years 8 months ago
by Unconventional Economist
by Unconventional Economist
Australia’s auction market continues to rebound, with CoreLogic’s preliminary auction clearance rate posting its strongest result in 12 weeks. Across the combined capital cities, 62.6% of auctions were reported as sold, up from last week’s 61.5% preliminary r…
Australia’s auction market continues to rebound, with CoreLogic’s preliminary auction clearance rate posting its strongest result in 12 weeks. Across the combined capital cities, 62.6% of auctions w… [+3696 chars]
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