VIDEO – Market bounces back

  • Sydney reaches over 80%
  • Weighted average improves
  • Brisbane almost at 60%

There were 2,017 homes taken to auction across the combined capital cities this week, up from 1,324 over the previous week. Preliminary results show a clearance rate of 77.3 per cent, after last week’s final clearance rate dropped to 67.6 per cent.
Melbourne saw 977 homes taken to auction this week, returning a preliminary clearance rate of 76.7 per cent.
There were 729 homes taken to auction across Sydney this week with preliminary results showing a clearance rate of 82.3 per cent.
Across the smaller auction markets, Perth saw lower auction volumes week-on-week while Adelaide, Brisbane, Canberra and Tasmania all saw an increase in the number of homes taken to auction over the week.
Get a full rundown of results in all the capitals.  Also a look inside the top sales in Sydney, Melbourne, Adelaide, Brisbane, Canberra and Perth.   Kevin Brogan joins Kevin Turner to present the latest results from Core Logic.

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