AUCTION INSIGHTS
Clearance rates are showing signs of strength into 2024 , after average clearance rates remained subdued for much of 2023 . There are early signs suggesting these rates will continue to improve this year . While stock levels are starting to improve , robust confidence fueled by possible interest rate reductions will continue to create competition and improved clearance rates . For February , this was recorded at 73.8 per cent , well ahead of any results seen in 2023 .