- Numbers rise dramatically
- Clearance rates over 70%
- Canberra rocks
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 to see a higher number of homes auctioned this week. Across the smaller auction markets, scheduled volumes are higher week on week in Brisbane and Canberra, while there are fewer auctions expected to take place in Perth.
Watch for Kevin Brogan’s thoughts about the weekend ahead and the numbers around the country and then join him on Monday as he gives the most comprehensive national roundup of the full week’s activity and a look inside the top sales in 6 capital cities.