VIDEO – Final clearance rate holds up

Brave sellers rewarded last week Uncertainty reflected in auction numbers Low numbers will increase competition   Last week The combined capital cities returned a 57.7 per cent final auction clearance rate last week, which was the strongest final result seen in over 12 months.  The improved clearance rate was across a higher volume of auctions over the week, with a total of 2,055 homes taken … Continue reading VIDEO – Final clearance rate holds up

VIDEO – Sydney gets top sale and top clearance rate

There were 2,041 homes taken to auction across the combined capital cities this week after the previous week saw volumes drop to 930, likely due to the federal election. This time last year, volumes were higher with 2,297 auctions held.   Preliminary results show a clearance rate of 62.6 per cent across the combined capital cities this week. In Melbourne, a preliminary auction clearance rate of … Continue reading VIDEO – Sydney gets top sale and top clearance rate

Auction numbers double as clearance climbs

8 month clearance rate record Almost 2,000 auctions this week Market confidence returns   Last week Last week, the combined capital city final auction clearance rate surpassed the previous week as the highest final weighted average result since September 2018, with 55.2 per cent of homes reported as selling. The improved clearance rate however was across a lower volume of auctions over the week, with … Continue reading Auction numbers double as clearance climbs

VIDEO – Buyer spends up big for Sydney site

There were fewer homes taken to auction across the combined capital cities this week, as the nation stopped amidst the Federal election hype. Of the 917 homes that did go to auction this week, preliminary results show that 57 per cent were successful. Over the week prior, 1,218 homes were auctioned and the final auction clearance rate came in at 54 per cent; the highest … Continue reading VIDEO – Buyer spends up big for Sydney site

…and the market holds its breath!

  …and the market holds its breath!   Election almost halves auction numbers Last week clearances remain above 50% The tail begins to wag the dog     Last week   Final auction results for last week show that 1,218 residential homes were taken to auction with a 54 per cent final auction clearance rate; the highest final auction clearance rate seen since mid-September last … Continue reading …and the market holds its breath!

VIDEO – Buyers and sellers adjust their expectations

There were 1,210 homes taken to auction across the combined capital cities this week, returning a preliminary auction clearance rate of 58.1 per cent. Last week, a higher 1,479 auctions were held and the final clearance rate increased to 52.5 per cent; the second highest clearance rate seen over the year-to-date. Compared to last year, volumes continue to trend lower each week, with almost double … Continue reading VIDEO – Buyers and sellers adjust their expectations

Auction numbers to fall by 25%

Auction numbers to fall by 25% Final clearance rate holds over 50% National clearance 2nd best this year Sydney’s Inner West proves popular with buyers   Last week Last week, 1,479 homes were taken to auction across the combined capital cities, returning a final auction clearance rate of 52.5 per cent, the second highest clearance rate we have seen this year. In comparison, the previous … Continue reading Auction numbers to fall by 25%

VIDEO – Clearance rates rise as Sydney tops Melbourne

There were 1,472 homes taken to auction across the combined capital cities this week, increasing from 1,026 over the previous week, although much lower than this week last year (2,311). Preliminary results show an auction clearance rate of 58.8 per cent across the combined capitals, increasing from last week’s final clearance rate of 50.4 per cent, while this week last year the clearance rate was … Continue reading VIDEO – Clearance rates rise as Sydney tops Melbourne

VIDEO – Year on year volumes continue to trend lower

Year on year volumes continue to trend lower Auctions expected to rise across the capital cities Victoria is busiest suburb this week Smaller auction markets will see higher volume   Last week Last week, the final auction clearance rate increased to 50.4 per cent after the week prior saw the final clearance rate drop to its second lowest level seen over the year-to-date, returning a … Continue reading VIDEO – Year on year volumes continue to trend lower

VIDEO – Auctions bounce back after Easter

The weighted average preliminary clearance rate rose across a higher volume of auctions this week with 1,019 homes taken to market returning a 54.6 per cent success rate. The higher activity this week comes off the back of the Easter period slowdown which saw only 394 auctions held across the capitals and a 43.9 per cent final auction clearance rate, which was the second lowest … Continue reading VIDEO – Auctions bounce back after Easter