Increased numbers about to come Sydney first to react positively Clearance rates strengthen This week, 400 capital city homes were scheduled for auction, with preliminary results returning a 64.0 percent clearance rate. Sydney, one of Australia’s largest auction markets, returned a preliminary clearance rate above 70%, suggesting the relaxation in social distancing policies specific to housing are having an immediate and positive impact on home … Continue reading Auction Activity “below average”

Clearance rate ticks up Withdrawals halve Sellers still prefer a pre-auction sale Last week The capital city final auction clearance rate came in at 59.9% last week, the highest final result we’ve seen since Mid-March. The improved clearance rate was across a lower volume of auctions with 480 held, down on the 612 held over the week prior when 47.5% cleared. Of the 395 results … Continue reading Results Show More Buyer Confidence