A clearance rate of 82 per cent was recorded this weekend compared to 77 per cent last weekend and 76 per cent this weekend last year. There were 1168 auctions reported to the REIV, with 959 selling and 209 being passed in, 86 of those on a vendor bid. This weekend will mark 2017’s first Super Saturday and is on track to break the record for the highest number of auctions held in a single weekend in February.
