A clearance rate of 77 per cent was recorded this weekend compared to 77 per cent last weekend and 77 per cent this weekend last year. There were 573 auctions reported to the REIV, with 441 selling and 132 being passed in, 60 of those on a vendor bid. Eight suburbs have doubled their auction sales in 2016, led by Rosebud West, which recorded an 82 per cent clearance rate from 23 sales so far this year.
