• Second highest number of auctions this year
  • Houses prove most popular again
  • The scene is set for a huge week ahead

Auction volumes rose across the combined capital cities this week, with 2,232 homes taken to auction; the second highest number of weekly auctions over the year-to-date.

In Melbourne, 1,094 properties were taken to auction this week, returning a preliminary auction clearance rate of 80.3%. 

Sydney returned a preliminary auction clearance rate of 87.4% this week, with 817 properties taken to auction.

Next week, auctions markets are set to be tested across substantially higher volumes, with CoreLogic currently tracking around 2,700 scheduled auction events.

Watch the most comprehensive and up to date report on auction activity around Australia – powered by CoreLogic – with Eliza Owen exclusively on Realty Media’s Real Estate Talk.  See all our shows at Realty.com.au

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