08 Aug
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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- Higher buyer demand
- Lower seller confidence
With 1,471 homes auctioned across the combined capitals, this was the quietest auction week since mid-July (when six of the eight states celebrated the Queen’s Birthday long weekend).
Falling for the first time in three weeks, the number of auctions held this week was down -23.1% from the 1,913 auctions held last week. With 1,169 results collected so far, the combined capital preliminary clearance rate inched higher with 59.5% of auctions reporting a successful result.
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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