{"id":27472,"date":"2020-03-16T12:56:11","date_gmt":"2020-03-16T01:56:11","guid":{"rendered":"https:\/\/realestatetalk.com.au\/?p=27472"},"modified":"2020-03-16T12:56:11","modified_gmt":"2020-03-16T01:56:11","slug":"auction-markets-strong-despite-coronavirus","status":"publish","type":"post","link":"https:\/\/channels.realty.com.au\/realtytalk\/auction-markets-strong-despite-coronavirus\/","title":{"rendered":"Auction Markets Strong Despite Coronavirus"},"content":{"rendered":"<ul>\n<li><b><\/b><strong><b>Markets are relatively resilient<\/b><\/strong><\/li>\n<li><b><\/b><strong><b>Clearance rates edge slightly lower<\/b><\/strong><\/li>\n<li><b><\/b><strong><b>Downside risk of reduced activity ahead<\/b><\/strong><\/li>\n<\/ul>\n<p>There were 2,220 homes taken to auction across the combined capital cities this week, returning a preliminary auction clearance rate of 70.6%.<\/p>\n<p>Although clearance rates have edged lower, the final clearance rate across the major auction centres is likely to remain around the high 60% to low 70% range, implying this is still a seller\u2019s market.<\/p>\n<p>With uncertainty rising and confidence slipping as the Coronavirus outbreak becomes more widespread, there is some downside risk that housing activity will reduce which could weigh on auction markets over the coming weeks.<\/p>\n<p>However, based on the early auction results this week, the housing market has proven to be relatively resilient so far.<\/p>\n<p><strong><em><b><i>Get a full rundown of results in all the capitals. \u00a0Also a look inside the top sales in Sydney, Melbourne, Adelaide, Brisbane, Canberra, and Perth. \u00a0\u00a0Kevin Brogan joins Kevin Turner to present the latest results from Core Logic.<\/i><\/b><\/em><\/strong><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Markets are relatively resilient Clearance rates edge slightly lower Downside risk of reduced activity ahead There were 2,220 homes taken to auction across the combined capital cities this week, returning a preliminary auction clearance rate of 70.6%. Although clearance rates have edged lower, the final&#8230;<\/p>\n","protected":false},"author":176692473,"featured_media":27473,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,32,34,10,11,13,36,22,25,27,29],"tags":[70,131],"class_list":["post-27472","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-auction-update","category-buying-a-property-topic","category-finance-topic","category-kevin-turner-sponsored-channels","category-kevin-update","category-latest-story","category-property-investment-topic","category-research-topic","category-sponsored-channels","category-trends-topic","category-video","tag-featured","tag-videos","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Auction Markets Strong Despite Coronavirus - Realty Talk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/channels.realty.com.au\/realtytalk\/auction-markets-strong-despite-coronavirus\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Auction Markets Strong Despite Coronavirus - Realty Talk\" \/>\n<meta property=\"og:description\" content=\"Markets are relatively resilient Clearance rates edge slightly lower Downside risk of reduced activity ahead There were 2,220 homes taken to auction across the combined capital cities this week, returning a preliminary auction clearance rate of 70.6%. Although clearance rates have edged lower, the final...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/channels.realty.com.au\/realtytalk\/auction-markets-strong-despite-coronavirus\/\" \/>\n<meta property=\"og:site_name\" content=\"Realty Talk\" \/>\n<meta property=\"article:published_time\" content=\"2020-03-16T01:56:11+00:00\" \/>\n<meta name=\"author\" content=\"Kevin Turner\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Kevin Turner\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/auction-markets-strong-despite-coronavirus\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/auction-markets-strong-despite-coronavirus\\\/\"},\"author\":{\"name\":\"Kevin Turner\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/#\\\/schema\\\/person\\\/ae5a3b5e891767bd82ad3a068c514329\"},\"headline\":\"Auction Markets Strong Despite Coronavirus\",\"datePublished\":\"2020-03-16T01:56:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/auction-markets-strong-despite-coronavirus\\\/\"},\"wordCount\":165,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/auction-markets-strong-despite-coronavirus\\\/#primaryimage\"},\"thumbnailUrl\":\"\",\"keywords\":[\"Featured\",\"videos\"],\"articleSection\":[\"Auction Update\",\"Buying a property\",\"Finance\",\"Kevin Turner\",\"Kevin's Update\",\"Latest Stories\",\"Property Investment\",\"Research\",\"Sponsored Channels\",\"Trends\",\"Videos\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/auction-markets-strong-despite-coronavirus\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/auction-markets-strong-despite-coronavirus\\\/\",\"url\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/auction-markets-strong-despite-coronavirus\\\/\",\"name\":\"Auction Markets Strong Despite Coronavirus - Realty Talk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/auction-markets-strong-despite-coronavirus\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/auction-markets-strong-despite-coronavirus\\\/#primaryimage\"},\"thumbnailUrl\":\"\",\"datePublished\":\"2020-03-16T01:56:11+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/#\\\/schema\\\/person\\\/ae5a3b5e891767bd82ad3a068c514329\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/auction-markets-strong-despite-coronavirus\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/auction-markets-strong-despite-coronavirus\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/auction-markets-strong-despite-coronavirus\\\/#primaryimage\",\"url\":\"\",\"contentUrl\":\"\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/auction-markets-strong-despite-coronavirus\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Auction Markets Strong Despite Coronavirus\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/#website\",\"url\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/\",\"name\":\"Realty Talk\",\"description\":\"Your Trusted Voice For Property Investing. 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