A clearance rate of 79 per cent was recorded this weekend compared to 76 per cent last weekend and 64 per cent this weekend last year. There were 1075 auctions reported to the REIV, with 850 selling and 225 being passed in, 103 of those on a vendor bid. Last week saw second highest number of auctions in 2016 (1,476) and the highest number of Sunday auctions this year (84 auctions).
