• Melbourne sellers withdraw
  • Sydney picks up the slack
  • Canberra still strong

The final weighed average clearance rate improved across steady volumes last week.  There were 1,064 capital city homes taken to auction over the week, a slight increase on the week before. Both volumes and clearance rates across the combined markets have remained relatively steady over the past month. In the week ahead, there are 1,225 homes scheduled for auction across the combined capital cities this week, up by 160 on last week.  

Real Estate Talk is out tomorrow with Simon Pressley joining Kevin to talk about the state of the inner-city apartment market and how the COVID doomsayers got it so wrong.   Then next week Kevin will be turning the entire show over to a Location, Location, Location Australia reunion between Veronica Morgan and Bryce Holdaway.  That will be one not to miss.  They have asked us to ask you for questions.  Anything related to property.  Just email kevin@realty.com.au and we will pass your questions on to be answered in the show.  Don’t miss it – it will be a cracker.  

We broadcast the most comprehensive and up to date report on auction activity around Australia – powered by CoreLogic – every Friday and Monday exclusively on Realty Media’s Real Estate Talk.  See all our shows at Realty.com.au

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