Auction Update

Syd and Melb demand weakens Smaller caps remain strong With 3,725 homes taken to auction this week, the combined capital cities experienced their busiest week since late March and their fifth busiest week since CoreLogic records commenced in 2008 with volumes up 5.3% compared to last week. Continuing the downwards...

5-week slide in results Numbers likely to increase The combined capitals auction market experienced its second busiest week of the year, with 3,562 homes taken to auction. This is up 8.2% from the previous week. With volumes remaining high, the combined capitals’ preliminary clearance rate has continued to trend downward...

Total auctions down Clearance declines Withdrawals rise Across the combined capitals, 3,276 homes were taken to auction this week. This is down from the previous week (3,546) but overtakes the week prior as the third busiest of the year. With auction volumes remaining high, the clearance rate has declined steadily...

3,524 auctions nationally Melbourne holds 50% of all auctions There were 3,524 homes taken to auction across the combined capital cities this week, the second busiest auction week so far this year. This time last year, 1,747 auctions were held across the combined capitals. As of yesterday at 8am, there...

Numbers double Y.O.Y. Sydney shows signs of slowing Adelaide delivers top clearance The combined capital cities have seen 3,033 homes taken to auction this week, the second busiest auction week so far this year.   There have been 2,533 results collected so far this week, returning a preliminary auction clearance...

Nearly 3,000 auctions 8 in 10 auctions clear There were 2,920 homes taken to auction across the combined capital cities this week, the busiest auction week since late June when 2,960 capital city homes were taken to auction, and the fourth busiest auction week so far this year. Although volumes...

Fewer sellers withdraw More sellers go ‘all the way’ to auction This week 2,727 homes were taken to auction across the combined capital cities, the busiest week since mid-July. With 2,244 results collected so far 83.3% were successful, marking the third consecutive week CoreLogic has recorded a preliminary combined capital...

2nd highest result this year in Melbourne Almost 2,000 auctions held nationally There were 1,986 homes taken to auction across the combined capital cities this week.  The higher volumes saw an increase in the preliminary auction clearance rate, with 84.4 percent of the 1,704 results collected so far returning a...

Melbourne sees a glimmer of hope Sydney powers on A key indicator pointing toward increased seller confidence is a fall in the number of auctions withdrawn from the market prior to auction day.   In Melbourne, 343 homes were taken to auction this week. Of the 254 results collected so far, just...