{"id":28205,"date":"2020-05-25T12:18:40","date_gmt":"2020-05-25T02:18:40","guid":{"rendered":"https:\/\/realestatetalk.com.au\/?p=28205"},"modified":"2020-05-25T12:18:40","modified_gmt":"2020-05-25T02:18:40","slug":"volumes-and-clearances-lift","status":"publish","type":"post","link":"https:\/\/channels.realty.com.au\/realtytalk\/volumes-and-clearances-lift\/","title":{"rendered":"Volumes And Clearances Lift"},"content":{"rendered":"<ul>\n<li><b><\/b><strong><b>Auction volumes a third of last year<\/b><\/strong><\/li>\n<li><b><\/b><strong><b>Highest clearance in 10 weeks<\/b><\/strong><\/li>\n<li><b><\/b><strong><b>Sydney tops the country 7 of the last 8 weeks<\/b><\/strong><\/li>\n<\/ul>\n<p>The combined capital cities returned a preliminary auction clearance rate above 70% this week, which was the highest preliminary result we\u2019ve seen since early March, right before restrictions to onsite auctions and inspections were announced. The improved clearance rate was across a higher volume of auctions over the week, with 613 scheduled auctions. While volumes were higher week-on-week, they remain significantly lower than what we would usually see, with 2,055 homes taken to auction over the same week last year.<\/p>\n<p>While volumes remain subdued across all capital cities, Sydney has been the busiest auction market over 7 of the last 8 weeks. There were 319 Sydney homes scheduled for auction this week, returning a preliminary clearance rate of 77.9%, improving on the week prior\u2019s 66.9% when volumes were a lower 194.<\/p>\n<p>In Melbourne, 160 auctions were scheduled across the<\/p>\n<p>city this week, returning a preliminary auction clearance rate of 72%, higher than the 57.3% last week when 127 auctions were scheduled.<\/p>\n<p>Across the smaller capital cities, Canberra returned the highest preliminary result with a 73.2% success rate across 61 auctions. While Adelaide and Brisbane returned clearance rates below 50%.<\/p>\n<p><strong><b>Get a full rundown of results in all the capitals. \u00a0Also a look inside some top sales. \u00a0\u00a0Kevin Brogan joins Kevin Turner to present the latest results from Core Logic.<\/b><\/strong><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Auction volumes a third of last year Highest clearance in 10 weeks Sydney tops the country 7 of the last 8 weeks The combined capital cities returned a preliminary auction clearance rate above 70% this week, which was the highest preliminary result we\u2019ve seen since&#8230;<\/p>\n","protected":false},"author":176692473,"featured_media":28207,"comment_status":"closed","ping_status":"closed","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-28205","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 v27.3 - 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