Auction Update

Sydney sells 59% of auctions Adelaide and Canberra strong There were 2,635 homes taken to auction across the combined capital cities this week.   Of the 2,024 results collected so far, 62.3 percent were successful.    Core Logic predicts the final clearance is likely to hold below...

Recording the busiest auction week since the pre-Easter spike, auction activity across the combined capital cities rebounded sharply this week, nearly doubling the number of auctions held last week during the federal election slump (1,672). With 1,460 auctions held across the city, Melbourne’s auction activity rose...

Election slows auction bidding Market set to bounce back When it came to voting or bidding on Saturday, the masses chose to vote.   The combined capital cities recorded their lowest preliminary clearance rate of the year to date amid a slump in auction activity caused by...

Sydney dips below 60% Auction numbers fall by 30% This week, 2,039 homes were taken to auction across the combined capital cities, down from both the previous week (2,699) and this time last year (3,016).  Of the 1,611 results collected so far, 64.7 percent were successful,...

Nat clearance falls again Only 1 city with YOY increase Core Logic figures from last week are indicating that buyers are taking more control as the choice of new properties grows. There were 2,685 homes taken to auction across the combined capital cities this week. Of...

Lowest clearance of the year Where have the buyers gone? There were 1,813 homes taken to auction across the combined capital cities this week, with the lower volumes attributed to the ANZAC Day long weekend.  Of the 1,414 capital city results collected so far, 67.6...

Numbers almost double Y.O.Y. Clearance suffers With each of the capitals, excluding Brisbane and Perth, recording busy weeks, this week's auction activity was up 24% compared to the week prior. However, this week's preliminary clearance rate fell back below 70%.  Last week Melbourne recorded its busiest...

Numbers to surge next week Brisbane continues to improve The combined capitals recorded their third-highest auction volumes of the year this week, with 3,148 capital city homes taken to auction. Of the 2,537 results collected so far, 70.1% recorded a successful result. Next week we are...

Numbers up W.O.W. Clearance lowest of the year Easter boost likely ahead This week’s auction activity was up 8.2% from the 3,108 auctions held the week prior, but down -12.4% from the 3,840 auctions held this time last year. Last year's results coincided with the...