Commercial Auction Results – Week ending 4th November 2016

There were a significantly lower volume of commercial auctions reported over the week ending 4th November, with only a total of 5 reported with a clearance rate of 40.0 per cent, compared to the previous week’s 59.0 per cent across 110 results. This is also lower than the equivalent week last year reporting a 53.8 per cent clearance rate based on 26 results.  Over the four weeks ending the 4th of November, there were a total of 229 reported commercial auctions, 131 reported as sold. Based on the 89 results reported with a sale price, the total value of transactions is $219.0 million.

The table below indicates National Auction Clearance Rate figures.

Subscribe to the free Commercial Pulse eNewsletter
Get the latest commercial news and sales data each week from our CoreLogic Commercial Pulse! Click here to subscribe