Markets are relatively resilient Clearance rates edge slightly lower Downside risk of reduced activity ahead There were 2,220 homes taken to auction across the combined capital cities this week, returning a preliminary auction clearance rate of 70.6%. Although clearance rates have edged lower, the final clearance rate across the major auction centres is likely to remain around the high 60% to low 70% range, implying … Continue reading Auction Markets Strong Despite Coronavirus

Melbourne on the show with over 1000 auctions Sydney down on last week Final clearance just under 70% Last week Last week, 1,494 homes were taken to auction across the combined capital cities, returning a final auction clearance rate of 68.6 percent. Over the previous week, 3,026 auctions were held. This week and weekend Auction volumes are expected to increase across the combined capital cities … Continue reading Over 2,000 Auctions This Week

Sydney steams ahead Melbourne results down There were 1,456 auctions held across the combined capital cities this week, significantly lower than the 3,026 held last week, however higher than the 1,197 auctions held one year ago. The fall in auction volumes this week is likely due to the fact that four of the eight states and territories have a long weekend. The preliminary auction clearance … Continue reading Corona Virus Fails to Slow Market

Auction numbers fall by over 50% Sydney takes an unofficial break Perth numbers rise Last week Last week, the strength of the auction market was tested as volumes rose and, as we reported on Monday, it passed with flying colours.  Over 3,000 auctions and a final clearance rate of 73.9% – the highest since August last year. This week and weekend As Victoria takes a … Continue reading Melbourne Goes Into Labour

Higher volumes test the market Melbourne results – best in 17 months Sydney clearance tops the country Auction markets are passing the test of higher volumes with strong results, with volumes reaching similar levels to those seen around the end of last year over the seasonal hype pre slowdown period when clearance rates were tracking around the mid 60% to low 70% range. There were … Continue reading Auction Numbers Surge

Numbers rise dramatically Clearance rates over 70% Canberra rocks Last week The final weighted average clearance rate came in at 72.7% last week as volumes rose across the combined capital cities. This week and weekend Auction activity across the combined capital cities is set to rise, with the CoreLogic currently tracking 2,836 auctions this week. Both Melbourne and Sydney, Australia’s two largest markets, are set … Continue reading Melbourne Super Saturday

Melbourne wins on numbers Sydney tops clearance Promising signs in Brisbane Auction markets are continuing to show strength as both the number of auctions and auction clearance rates trend higher. There were 2,446 homes taken to auction across the combined capital cities this week, returning a preliminary auction clearance rate of 77.7 per cent.  In Melbourne, a preliminary auction clearance rate of 79.6 per cent … Continue reading Auction markets show strength

Melbourne over 1,000 auctions Sydney improves on last week and last year Canberra returns the biggest clearance Last week Last week, as auction volumes rose so too did the combined capital city final auction clearance rate, coming in with a 73.3% success rate across 1,596 auctions held. Not only was this an improvement on the 67.7% clearance rate over the week prior but a higher … Continue reading Big auction markets gather steam

Buyers ‘re-engage’ Confidence takes a boost Preliminary results around 80% Auction markets have shown a strong result on higher volumes, with preliminary clearance rates around the 80% mark across the largest auction markets as the number of properties taken to auction tracking well above levels from a year ago. There were 1,555 homes taken to auction across the combined capital cities this week, returning a … Continue reading Encouraging auction results

Melbourne auctions up by 56% Smaller capitals slow marginally Nationally numbers and clearance is up Last week Last week, the weighted average clearance rate improved across higher volumes week-on-week, with 67.7% of the 1,167 capital city homes taken to auction returning a successful result.  Over the week prior, a much lower 625 homes were auctioned across the combined cities when 61% cleared.  One year ago, … Continue reading Melbourne Takes Its Place At The Top