The first week of April sees a lower volume of auctions held across the combined capital cities. This week 1,978 auctions were held across the combined capital cities, returning a preliminary auction clearance rate of 57.2 per cent. Melbourne was host to 899 auctions this week with preliminary results returning a 58.1 per cent clearance rate. In Sydney, 740 homes were taken to auction this … Continue reading VIDEO – Melbourne results up and Sydney down

Last week Last week saw 2,164 homes taken to auction across the combined capital cities, returning a final auction clearance rate of 50.9 per cent, unchanged from the previous week when 1,667 auctions were held. Melbourne was the busiest city in terms of auction activity with 978 homes taken to auction, returning a final clearance rate of 52.1 per cent. There were 801 homes taken … Continue reading VIDEO – Phew – market holds over 50%

Through March the largest auction markets have seen the clearance rate holding around the mid-to-low 50% range which is lower than the same time last year, but a substantial improvement relative to late 2018.While there has clearly been a seasonal bounce in the clearance rate, auction results are holding reasonably firm on higher volumes. The number of auctions is likely to rise further in the … Continue reading VIDEO – Auction results firm on higher volumes

Last week saw 1,667 homes taken to auction across the combined capital cities, returning a final auction clearance rate of 50.9 per cent, down from 51.4 per cent across a higher 1,875 auctions the previous week. Over the same week last year, 3,990 (pre-Easter) homes went to auction and a clearance rate of 62.7 per cent was recorded. Melbourne’s final clearance rate was recorded at … Continue reading VIDEO – 4 of the 6 capitals report lower clearance rates

There were 1,669 homes taken to auction across the combined capital cities this week, down from 1,875 over the previous week. This time last year, volumes were significantly higher with 3,990 homes taken to auction over what was the pre-Easter weekend, traditionally one of the busiest weeks for auctions each year. Preliminary results show a clearance rate of 56.0 per cent across the combined capital … Continue reading VIDEO – Pent up demand drives Sydney results

There are 1,552 capital city homes set to be auctioned this week, down from the 1,875 auctions held last week.  Over the same week one year ago, volumes were significantly higher (3,990) over what was the pre-Easter weekend, which is traditionally one of the busiest weeks for auctions each year. Both Melbourne and Sydney will see fewer homes taken to auction week-on-week, with Melbourne set … Continue reading VIDEO – Powerhouse markets slow further