• Stronger start to the year
  • Numbers set to near double next week
  • Buyer confidence to be tested

Auction activity is slowly ramping up, with 706 homes taken to auction across the combined capital cities this week.   There have been 453 results collected so far, returning a preliminary auction clearance rate of 67.9%

Melbourne agents conducted 259 auctions this week and 202 in Sydney.  Across the smaller capital cities, Adelaide recorded the highest preliminary auction clearance rate (76.8%), followed by Brisbane (59.6%) and Canberra (52.2%).

Watch a comprehensive wrap on the week’s national auction activity 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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