19 Dec
Posted at 16:00h
in Auction Update, Buying a property, Finance, Kevin Turner, Kevin's Update, Latest Stories, Property Investment, Real Estate Talk, Research, Shows, Sponsored Channels, Trends, Videos
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- ‘22 numbers down on ‘21
- Full yr above 5 yr average
After hosting the busiest auction week since late May the week prior, capital city auction activity softened this week, ahead of the festive period’s seasonal slowdown, with 2,307 homes auctioned across the combined capitals.
With 55.8% of the 1,806 results collected so far reporting a successful result, the combined capital’s preliminary clearance rate fell 2.1 percentage points this week to the weakest preliminary result since early July (55.0%).
Watch a comprehensive wrap on the week’s national auction activity around Australia with Eliza Owen from CoreLogic. Auction Update is seen exclusively on Realty Talk. See all our shows at Realty.com.au
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