Auction listings fell, and the clearance rate nationally dipped below 70 per cent for the first time this year, as sellers and buyers joined the holidaymakers taking advantage of the long weekend in most states.
Scheduled auctions dropped to 1281 – down from 2380 a week earlier – while the preliminary clearance rate fell to 67.3 per cent across the capitals, its lowest so far this year, according to CoreLogic data.
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Nick Lenaghan edits the property section, which covers all aspects, from residential real estate and housing and construction to commercial property – office, retail, industrial – and major ASX-listed developers and real estate investment trusts. Connect with Nick on Twitter. Email Nick at nlenaghan@afr.com
