Auction Update

26 Jul Fewer homes to auction in lockdown

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 by Kevin Turner 0 Comments

There were 1,849 homes taken to auction across the combined capital cities this week, down from the 2,153 originally expected earlier in the week with Melbourne, Sydney, and Adelaide currently in lockdown. Of the 1,509 results collected so far, 74.8 percent were successful, down from the...

19 Jul Buyers and sellers ignore lockdown impact

The combined capital city preliminary auction clearance rate remained relatively steady week-on-week, despite the announcement earlier in the week that Sydney was extending the current lockdown and Melbourne was commencing the 5th lockdown. There were 2,169 capital city homes taken to auction over the week,...

05 Jul Clearance rate dips amidst COVID

This week, 2,177 capital city homes went to auction, down on the 2,960 auctions held over the week prior. The lower volumes come about as the nation battles with multiple state lockdowns as uncertainty around COVID cases worsen. The lower week-on-week volumes saw the preliminary...

28 Jun Clearance rate weakens

The combined capital city preliminary auction clearance rate weakened slightly as volumes rose. There were 2,976 capital city homes taken to auction over the week, revising down from initially predicted volumes by 2% as the Sydney COVID outbreak grew resulting in four Sydney LGA’s going...

21 Jun Auction clearance rate holds steady

Posted at 18:36h 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 by Kevin Turner 0 Comments

There were 2,418 homes taken to auction across the combined capital cities this week, revising down from the 2,610 auctions predicted earlier in the week, with the majority of the downwards revision once again seen in Melbourne. The previous week saw 1,413 homes taken to...

24 May 78% of auctions sell

There were 2,845 homes taken to auction across the combined capital cities this week, compared to 2,905 over the previous week and 612 this time last year. A preliminary auction clearance rate of 78.2 per cent has been recorded across the 2,377 results collected so...

17 May Capital markets show strength

8 out of every 10 sell Buyers push the market higher Brisbane clearance double last year Auction volumes were down slightly week-on-week with 2,892 homes taken to auction across the combined capital cities this week. Preliminary results show that of the 2,454 results collected so...

10 May Second biggest week of the year

Houses prove to be more popular Canberra is clearance capital again Auction volumes increased week-on-week with 3,033 homes taken to auction across the combined capital cities this week, the second busiest week for auctions this year. The higher volumes saw the preliminary clearance rate come in...

03 May Y.O.Y clearance almost double

Posted at 16:07h 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 by Kevin Turner 0 Comments

Numbers climb higher Clearance rat steady at 8 in 10 There were 2,876 homes taken to auction across the combined capital cities this week, and of the 2,425 results collected so far, 80.4 per cent reported a successful result. One year ago, 612 auctions...