At the weekend 512 properties were listed for auction in Sydney, compared with 463 the previous weekend. Of the 361 reported auctions, 242 were sold for a clearance rate of 58.6 per cent. This is marginally higher than the previous weekend's 57.4 per cent result.
242 out of 361 is 67% and 242 out of 512 is 47% . . . Can anyone tell me where 58.6% comes into this calculation?
Eh, I'm going to keep ignoring clearance rates.