Home buyers shrugged off the Reserve Bank’s decision to hold interest rates steady, with auction clearance rates holding firm as buyers try to get in amid early signs of renewed price growth in capital cities.

Preliminary figures from data firm Cotality show a national auction clearance rate of 72.2 per cent, just below the 73.1 per cent recorded a week earlier and not far from the year-to-date high of 74.5 per cent achieved four weeks ago. The clearance rate has remained above 70 per cent for five consecutive weeks.