Australia's housing market has seen the start of the usual seasonal taper, with auction results down from the previous week across capital cities.
A total of 2750 homes went under the hammer this week, preliminary CoreLogic data shows.
This week's figures were down 5.6 per cent on the previous week when 2912 home auctions made it the second-busiest week of the year.
Of the homes auctioned this week, 69.2 per cent found owners.
It compares with a final clearance rate of 71.1 per cent in the previous week ending December 8.
Auction activity won't pick up in earnest until early February when the market emerges from the seasonal festive period slowdown, CoreLogic says.
In Melbourne this week, 73.2 per cent of 1394 homes taken to auction sold.
Over the same week last year, a much lower clearance rate of 44.2 per cent was recorded across 1173 auctions.
The preliminary clearance rate for Sydney was 73.6 per cent of 846 auctions, significantly higher than the 38.8 per cent of 723 homes taken to auction that sold during the same week last year.
Outside of Melbourne and Sydney, Adelaide came in with the highest preliminary clearance rate of 60.6 per cent for 141 auctions.
In Perth, only 34.4 per cent of 66 properties going under the hammer cleared.
Australian Associated Press