House auctions shows the real damage Premier Andrews brought to Victoria

Posted: September 7, 2020 in Uncategorized

Here numbers that do not lie (unlike certain models)

Preliminary weekend Australian auction figures (CoreLogic)

  • National
    • Clearance rate 67.5% vs year-ago 72.3%
    • Number of auctions 882 vs year-ago 1,533
  • Sydney
    • Clearance rate 69.5% vs year-ago 75.7%
    • Number of auctions 625 vs year-ago 528
  • Melbourne
    • Clearance rate 33.3% vs year-ago 74.0%
    • Number of auctions 28 vs year-ago 765

Usually are quite similar (2 to 3% point to Sydney).

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