• Adelaide, Brisbane and Canberra all above 80%
  • Half national auctions in Melbourne
  • Canberra just misses a perfect result

Auction volumes rose across the combined capital cities this week with 2,170 homes taken to auction, increasing on the 845 auctions held over the Easter week. The higher volumes saw an improvement in the preliminary auction clearance rate with 79.9% of homes selling.    

Over the same week last year, it was not only Easter which dampened auction activity, but also the imposition of social distancing measures which included the banning of on-site auctions. Under these conditions, a lower 634 auctions were scheduled and only 30.6% cleared with 56% withdrawn.

Watch the most comprehensive and up to date report on auction activity around Australia – powered by CoreLogic – with Eliza Owen exclusively on Realty Media’s Real Estate Talk.  See all our shows at Realty.com.au

No Comments

Leave a Reply