{"id":31934,"date":"2021-10-11T16:00:54","date_gmt":"2021-10-11T05:00:54","guid":{"rendered":"https:\/\/channels.realty.com.au\/realtytalk\/?p=31934"},"modified":"2021-10-11T17:31:46","modified_gmt":"2021-10-11T06:31:46","slug":"pent-up-demand-hits-the-market","status":"publish","type":"post","link":"https:\/\/channels.realty.com.au\/realtytalk\/pent-up-demand-hits-the-market\/","title":{"rendered":"Pent up demand hits the market"},"content":{"rendered":"<ul>\n<li style=\"text-align: justify\"><b>Fewer sellers withdraw<\/b><\/li>\n<li style=\"text-align: justify\"><b>More sellers go \u2018all the way\u2019 to auction<\/b><\/li>\n<\/ul>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">This week 2,727 homes were taken to auction across the combined capital cities, the busiest week since mid-July. With 2,244 results collected so far 83.3% were successful, marking the third consecutive week CoreLogic has recorded a preliminary combined capital city clearance rate in the 80\u2019s.\u00a0<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">Melbourne had the busiest week with 1,357 homes taken to auction across the city with seller confidence returning showing a decline in withdrawn auctions.\u00a0\u00a0<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">The trend in Sydney\u2019s auction volumes has returned to an upward trajectory. \u00a0 Of the 734 results collected so far, 83.2% were reported as successful, continuing Sydney\u2019s streak of 80%+ clearance rates which is now in its seventh consecutive week\u00a0<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">Across the smaller capital city markets, Canberra reported the highest preliminary clearance rate with 93.6% of auctions returning a successful result \u2014its highest clearance rate since late-July. This was followed by Adelaide and Brisbane with preliminary clearance rates of 89.7% and 81.3% respectively.\u00a0 In Perth, 13 of the 16 auction results collected so far were successful.<\/span><\/p>\n<p style=\"text-align: justify\"><b>Watch the most comprehensive and up to date report on auction activity around Australia &#8211; powered by CoreLogic \u2013 with Eliza Owen exclusively on Realty Media\u2019s Realty Talk.\u00a0 See all our shows at Realty.com.au<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fewer sellers withdraw More sellers go \u2018all the way\u2019 to auction This week 2,727 homes were taken to auction across the combined capital cities, the busiest week since mid-July. With 2,244 results collected so far 83.3% were successful, marking the third consecutive week CoreLogic has&#8230;<\/p>\n","protected":false},"author":176692473,"featured_media":31936,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,32,34,10,11,13,36,142,22,24,25,27,29],"tags":[],"class_list":["post-31934","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-real-estate-talk","category-research-topic","category-shows","category-sponsored-channels","category-trends-topic","category-video","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Pent up demand hits the market - 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\/pent-up-demand-hits-the-market\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pent up demand hits the market - Realty Talk\" \/>\n<meta property=\"og:description\" content=\"Fewer sellers withdraw More sellers go \u2018all the way\u2019 to auction This week 2,727 homes were taken to auction across the combined capital cities, the busiest week since mid-July. 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