real estate talk

Best Results in 2 Months

Both volume and clearance rise Canberra stands out Brisbane records over 50% The week saw the combined capital city preliminary auction clearance rate improve with 63.3% of homes selling at auction over the week. The higher clearance rate was against a higher volume of auctions, with 1,164 properties scheduled for auction; the busiest week for auctions since the week ending 19 April. Last week, there … Continue reading Best Results in 2 Months

The auction clearance rate jumped with the return of on site auctions but does this mean a recovery has started?

By Eliza Owen, Head of Research Australia at CoreLogic The week ending 10th of May delivered a final auction clearance rate of 59.9%. This has jumped from a clearance rate of 47.5% in the previous week and a recent low of just 30.2% only four weeks ago. It is the highest clearance rate result since the week ending March 15, before the strictest social distancing … Continue reading The auction clearance rate jumped with the return of on site auctions but does this mean a recovery has started?