Auction volumes and clearance rates dip as uncertainty amid COVID cases rise Jade Harling This week, 2,177 capital city homes went to auction, down on the 2,960 auctions held over the week prior.  The lower volumes come about as the nation battles with multiple state lockdowns as uncertainty around COVID cases worsen. The lower week-on-week volumes saw the preliminary auction clearance rate dip, with 73.6% … Continue reading Auction volumes and clearance rates dip

The auction market is heading into a period of almost unprecedented activity according to Tim Lawless – Head of research at Core Logic.  Over the coming week, CoreLogic Australia is tracking around 2,740 auctions across the combined capitals, and the following week auction numbers rocket to around 3,860. Since the CoreLogic Australia auction series commenced in 2008, there have only been two weeks where the number of auctions held … Continue reading “Unprecedented activity” – Tim Lawless

CoreLogic reports that last week, the combined capital city weighted average auction clearance rate strengthened across higher volumes. There were 2,128 capital city homes taken to auction last week, returning a final auction clearance rate of 79.6%, improving on the week prior when a 77.1% final clearance rate was achieved across lower volumes (1,496).  One year ago, a higher 2,517 homes were taken to auction … Continue reading Final figures reveal a ‘strengthened result’

The week ahead The 2021 auction market is ramping up.  CoreLogic will be watching 1,321 homes scheduled for auction across the combined capital cities this week, up from 884 last week and 1,167 this time last year.  This week, just under half of all capital city homes scheduled for auction are in Melbourne.  There are currently 456 homes set for auction in Sydney this week, … Continue reading Auction Clearance Hits A 4 Year High

Upcoming Auctions By Caitlin Fono, Research Analyst There are 1,825 auctions scheduled to take place across the combined capital cities this week, up from 1,757 auctions last week, although lower than the 2,590 held over the same week last year. Melbourne is set to host 637 auctions this week, up from 611 last week, although significantly lower than the same week last year when 1,242 … Continue reading CoreLogic Auction Market Preview

There are 1,823 capital city auctions being tracked by CoreLogic this week, up from 1,747 auctions last week, although lower than the 2,412 held over the same week last year. There are 614 properties scheduled for auction across Melbourne this week, up slightly on the 606 homes auctioned last week, however lower than the 1,032 auctions held over the same week last year. In Sydney, … Continue reading Auction Numbers Grow

This week, the combined capital city auction market is set to see its busiest week since early April. There are 1,501 capital city homes scheduled to go under the hammer, a rise in weekly activity of 33%.  Although, lower than the 2,622 auctions held over the same week last year. Melbourne is expected to see the most significant rise in volumes, with 178% more homes … Continue reading Auction Report