08 Jun VIDEO – Long weekend softens the market
Posted at 14:47h
in Auction Update, Buying a property, Finance, Kevin Turner, Kevin's Update, Latest Stories, Property Investment, Research, Sponsored Channels, Trends, Videos
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- Auction numbers down
- Clearance down as well
- Sellers still nervous
This week, 694 capital city homes were scheduled for auction, with preliminary results returning a 59.8 per cent clearance rate. The lower volume of auctions came as most states and territories welcome the Queen’s Birthday public holiday on Monday.
In Melbourne, 189 homes were scheduled to go under the hammer this week. T the time of recording 128 auctions have been reported, returning a preliminary success rate of 64.1 per cent.
In Sydney, 388 homes were scheduled for auction this week, returning a preliminary clearance rate of 62.2 per cent across 249 results.
Get a full rundown of results in all the capitals. Also a look inside the top sales. Kevin Brogan joins Kevin Turner to present the latest results from CoreLogic.
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