Auction volumes increased week-on-week with 1,487 auctions held across the combined capital cities this week, returning a preliminary auction clearance rate of 66.4 per cent. Melbourne was host to 725 auctions this week with preliminary results returning a 67.9 per cent clearance rate, about 5% up on the final numbers from last week.   In Sydney, 522 homes were taken to auction this week, up from … Continue reading VIDEO – Sydney auctions best in over a year

Sydney falters slightly Back to business after a break Volumes fall in some smaller capitals Last week The combined capital city final auction clearance rate came in at 48.3 per cent last week, which was lower than the 58 per cent the previous week. The lower clearance rate was across a lower volume of auctions over what was the Queen’s birthday long weekend. One year … Continue reading VIDEO – Auction numbers double in Melbourne

A quiet week for auctions with 803 homes taken to market across the combined capital cities impacted by the long weekend. The subdued activity returned a preliminary auction clearance rate of 51.3 per cent, falling from last week’s final auction clearance rate of 58 per cent. The lower weighted average this week can partly be attributed to weaker results across the smaller capital cities with … Continue reading VIDEO – Bidders go on holiday

Ipswich in Qld is top auction city this week Long weeks see numbers drop Sydney and Melbourne clear over 60% of auctions Last week The combined capital city final auction clearance rate came in at 58 per cent last week, surpassing the previous weeks 57.7 per cent as the strongest result seen in over 12 months.  There were 1,661 homes taken to auction last week, … Continue reading VIDEO – Clearance rates still higher than a year ago