Auction Update

22 Aug Buyers and sellers rally

Posted at 17:00h 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

Preliminary clearance rates hold above 60% across the combined capitals as auction activity rises for the second consecutive week. Watch a comprehensive wrap on the week’s national auction activity around Australia with Eliza Owen from CoreLogic. Auction Update is produced exclusively for Realty Talk. See all...

15 Aug Buyers bounce back despite rates

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

Numbers increase Clearance up for 3rd week After recording the quietist auction week since mid-June, last week’s auction activity rose for the third consecutive week with 1,603 homes auctioned across the combined capital cities. Agents so far have reported results on 1,176 auctions revealing a 61.5%...

08 Aug Auctions numbers fall by 23%

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...

01 Aug Market tested

Seller numbers grow Buyers more active Core Logic reports that auction activity rose for the third consecutive week, with 1,909 homes taken to auction across the combined capital cities this week, up 5.4% from the previous week and 8.4% higher than this time last year. ...

18 Jul Market in holding pattern

Auctions grow slightly Clearance slows a touch After trending lower for three consecutive weeks, auction activity rose slightly this week to 1,667, an increase of 2.4%. After recording a small increase in preliminary clearance last week, this week’s preliminary clearance rate is down 2.2% with...

11 Jul Sydney improves despite flooding

Sydney results bounce back Melbourne green shoots Across the combined capital cities, auction markets remained subdued this week, with just 1,610 homes auctioned across the combined capitals. National preliminary clearance rates rose this week, with 5 8.6% of the 1,264 results collected returning a successful result. Melbourne...

04 Jul Activity and results falling

2 year low Further falls predicted There were 1,864 homes taken to auction across the combined capital cities this week, down from 2,364 over the previous week and 2,168 this time last year. Of the 1,453 results collected so far, 55.0 percent were successful, the...

27 Jun Worrying Sydney withdrawals

Melbourne is busiest capital Sydney best clearance in 5 weeks Worrying withdrawal trend emerges This week Core Logic reports auction activity fell across the combined capitals week on week while preliminary clearance rates report a small uptick. All eyes will be on Sydney in the coming...

20 Jun Clearance decline continues

Auction numbers bounce back 10-month low clearance There were 2,526 homes taken to auction across the combined capital cities this week. Of the 1,968 results collected so far, 57.8 percent were successful, the lowest preliminary clearance rate since August last year. Melbourne has recorded a preliminary...