National auction clearance rate drops to 47.1 per cent

REA Group Senior Economist Anne Flaherty discusses the national auction clearance rate dropping to 47.1 per cent. “Depending on where you live, we are seeing some very different movements listed for sale,” Ms Flaherty told News24 Business Editor Ross Greenwood. “We have seen a big drop-off in new homes listed for sale in Melbourne and Sydney.” In partnership with realestate.com.au