{"id":34934,"date":"2023-02-06T16:00:47","date_gmt":"2023-02-06T05:00:47","guid":{"rendered":"https:\/\/channels.realty.com.au\/realtytalk\/?p=34934"},"modified":"2023-02-06T15:39:08","modified_gmt":"2023-02-06T04:39:08","slug":"market-resets-higher","status":"publish","type":"post","link":"https:\/\/channels.realty.com.au\/realtytalk\/market-resets-higher\/","title":{"rendered":"Market resets higher"},"content":{"rendered":"<ul>\n<li><b>Auction numbers improve<\/b><\/li>\n<li><b>Final numbers highest since May<\/b><\/li>\n<li><b>Next week looking stronger again<\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">Auction activity continues to increase after the festive slowdown, with 1,306 homes taken to auction across the combined capital cities this week, up 83.9% from last week.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Of the 938 results collected, 67.4% were successful, down just 50 basis points from the previous week\u2019s preliminary clearance rate of 67.9%, which was revised to 61.8% at final figures. This time last year, 72.5% of reported auctions were successful.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Considering final auction clearance rates finished last year around the low 50 % range, it looks like auction markets have reset a little higher through 2023, although clearance rates remain well below long-term average levels.<\/span><\/p>\n<p><b>Watch a comprehensive wrap on the week\u2019s national auction activity with Eliza Owen from CoreLogic. \u00a0 Auction Update is seen exclusively on Realty Talk.\u00a0 See all our shows at Realty.com.au<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Auction numbers improve Final numbers highest since May Next week looking stronger again Auction activity continues to increase after the festive slowdown, with 1,306 homes taken to auction across the combined capital cities this week, up 83.9% from last week. Of the 938 results collected,&#8230;<\/p>\n","protected":false},"author":176692473,"featured_media":34936,"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-34934","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>Market resets higher - Realty Talk<\/title>\n<meta name=\"description\" content=\"Auction activity continues to increase after the festive slowdown, with 1,306 homes taken to auction across the combined\" \/>\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\/market-resets-higher\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Market resets higher - 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