Auction numbers down Clearance down as well Sellers still nervous  This week, 694 capital city homes were scheduled for auction, with preliminary results returning a 59.8 per cent clearance rate. The lower volume of auctions came as most states and territories welcome the Queen’s Birthday public holiday on Monday.  In Melbourne, 189 homes were scheduled to go under the hammer this week. T the … Continue reading VIDEO – Long weekend softens the market

Last week The capital city final auction clearance rate came in at 61.3% last week, slightly lower than the week prior when 62.7% of properties sold at auction. The lower clearance rate was across a higher volume of auctions with 856 held, up on the 612 held over the week prior. Of the 738 results collected, 12% were withdrawn which was much lower than the … Continue reading Sydney Leads Recovery

  Melbourne pips Sydney Withdrawals decline again Auction numbers at 6 week high This week, 867 capital city homes were scheduled for auction, with preliminary results returning a 65.9 per cent clearance rate.  Although the number of auctions held remains low, since restrictive policies around open homes and onsite auctions were lifted, the trend has been towards more auctions held and a substantial reduction in … Continue reading VIDEO – Market Strengthens More

Auction numbers edge up slightly Clearance W.O.W. is up Withdrawals down to 11% Last week The final weighted-average clearance rate came in at 62.7% last week, surpassing the previous week’s 60.4% as the highest result since the week ending 15 March. While clearance rates have bounced back to almost pre-restriction levels, volumes remain significantly lower than what we would usually see. There were 612 auctions … Continue reading Most Capitals Hold Firm