- Auction numbers are up
- Next week even bigger
There were 1,920 auctions held across the combined capital cities this week, up from 1,823 over the previous week.
Of the results collected so far, 61.7% were successful, down slightly from the previous week’s clearance rate of 62.3%, which revised down 59.4% at final figures. This time last year, 73.7% of auctions were successful.
An early view of auction volumes indicates that next week we may see our busiest auction week since late June, with more than 2,200 auctions currently on the radar across the combined capitals.
Watch a comprehensive wrap on the week’s national auction activity around Australia with Eliza Owen from CoreLogic. Auction Update is seen exclusively on Realty Talk. See all our shows at Realty.com.au