Autumn auctions achieve better clearance rates than spring
Autumn is the best-performing of the busiest selling seasons in both Sydney and Melbourne.
Australian Property Monitors data shows autumn has the higher auction clearance rate in three of the past four years in Sydney. The year 2009 was the only time Sydney's spring auction showed an improvement over autumn.
In Melbourne APM shows a consistent pattern, with 2009 the only spring to outperform the autumn auction result.
Melbourne recorded the highest drop between seasons in 2010 when the autumn's success rate was 77% and spring was 63%.
Both cities showed little difference in the 2007 year between seasons.
Melbourne's five-year autumn clearance rate was 70% and 65% in spring.
Sydney's autumn auctions have averaged 58% over the past five years compared with 56% in spring.
