The auction market is continuing to fire, chalking up an eighth consecutive week of national clearance rates above 70%.

According to CoreLogic results, 73.8% of homes taken to auction last week sold with Adelaide once again achieving the highest clearance rate (79.7%).

Sydney was next with a clearance rate of 78.7%, Canberra, 72%, Melbourne, 70.1%,3 and Brisbane, 67.5%.

Auction activity across the smaller capital cities remains steady, with an increase in the number of properties offered for auction in the past week.

While Adelaide may continue to achieve the highest clearance rates, Brisbane continues to have the highest number of properties offered for auction among the smaller capitals.

The strong sales results keep coming despite the RBA continuing to increase interest rates to ease inflation.

A lack of listings and increase in demand throughout the market has resulted in further price growth with the combined capital cities achieving median price growth of 3.4% in the past quarter.