By Kaytlin Ezzy, Economist, CoreLogic Australia Auction activity across the combined capitals is set to inch higher through the first week of summer, with 3,041 homes scheduled for auction. Up 3.1% compared to last week (2,949), this week is slated to be the capital’s second busiest of the year, behind the week ending 29th October (3,381), with both Sydney and Adelaide expecting their busiest week of … Continue reading Capital city weekly volumes inch higher with over 3,000 auctions scheduled heading into summer season

By Kaytlin Ezzy, Economist, CoreLogic Thanks to a ‘Super Saturday’ event, capital city auction activity skyrocketed last week, with 3,383 homes auctioned across the combined capitals . The busiest auction week since Easter 2022, last week’s auction volumes were 37.4% above the 2,463 auctions held the week prior and 76.1% higher than the 1,921 seen this time last year. While still below the record-breaking numbers seen … Continue reading The combined capitals’ hosts the busiest auction week in over 18 months

By Kaytlin Ezzy, Economist, CoreLogic Australia CoreLogic expects a 10.3% increase in auction activity this week, with 2,509 homes currently scheduled for auction across the combined capitals. Set to be the capital’s third busiest auction week of the year-to-date, this week’s auction numbers are above the 2,275 held last week and 15.7% higher than the 2,169 held this time last year. Melbourne is set to host the … Continue reading Combined capitals set up for the third busiest auction week of the year

By Kaytlin Ezzy, Economist, CoreLogic Capital city auction activity eased -6.5% last week, with 2,286 homes taken to auction across the combined capitals. With 2,446 homes going under the hammer, the previous week saw the capitals host the second busiest auction week since before Easter, while this time last year, 1,741 auctions were held. With 1,767 results collected so far, the combined capitals recorded the lowest … Continue reading Combined capitals’ preliminary clearance rate slips below 70% for the first time since April

By Kaytlin Ezzy, Economist, CoreLogic The number of homes taken to auction across the combined capitals doubled last week, with 2,436 homes taken under the hammer. A string of public holidays saw just 1,198 homes auctioned the week prior, while 1,815 auctions were held this time last year. Driven by a decrease in both the withdrawal rate (10.8%) and portion of properties passed in at auction … Continue reading Preliminary clearance rates inch higher as capital city auction activity returns to trend

By Kaytlin Ezzy, Economist, CoreLogic The first week of spring saw auction activity across the combined capitals inch higher, with last week overtaking the week prior (2,278) as the busiest auction week since before Easter (2,687). With 2,291 homes auctioned across the capitals, last week’s auction numbers were 25.7% higher than this time last year (1,823), when rising interest rates and falling values saw a … Continue reading Capital city auction activity inches higher for the first week of spring

By Kaytlin Ezzy, Economist, CoreLogic Australia The spring selling season is starting with a bang, with 2,401 capital city homes currently scheduled for auction. Up 5.4% from last week (2,278), this week is set to be the third busiest over the year-to-date, behind the week ending 26th February (2,429) and the week ending 2nd April (2,687). Weaker selling conditions, rising interest rates, and falling dwelling values … Continue reading Spring selling season to start with a bang as 2,401 homes get set for auction

By Kaytlin Ezzy, Economist, CoreLogic Capital city auction activity continued to trend higher for the third week in a row, with this week overtaking the previous week as the busiest since before Easter. With 2,275 homes auctioned across the combined capitals, this week’s auction activity was 11.7% higher than last week (2,037) and 13.4% above the 2,006 auctions held this time last year. After inching … Continue reading The combined capital clearance rate dipped as Sydney and Melbourne hosted the busiest auction week since Easter