Auction Markets Strong Despite Coronavirus
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