- Ease in activity
- Clearance holds
- Increase tipped next week
Auction volumes across the combined capital cities decreased -19.3% to 1,432 this week largely due to the ‘unofficial long weekend’ but also an early indication of the seasonal trend towards an easing in auction activity after the pre-Easter highs.
Of the 1,131 results collected so far, 69.8% were successful, holding steady with last week’s preliminary clearance rate of 69.8%, which revised down to 68.1% at final figures. This time last year, 63.4% of reported auctions were successful.
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