Auction Update

  Half Melbourne auctions are withdrawn Adelaide tops the nation Sydney sellers are rewarded CoreLogic reports strength in the Sydney market as Melbourne auction activity fades.  Half of all auctions in Melbourne are withdrawn while almost 90% of those selling are sold prior to auction day Sydney...

  Melbourne sellers withdraw Sydney picks up the slack Canberra still strong The final weighed average clearance rate improved across steady volumes last week.  There were 1,064 capital city homes taken to auction over the week, a slight increase on the week before. Both volumes and...

  Clearance and volumes are steady Core Logic is reporting a steady market as their results show both clearance rates and volumes are stable.   There were 1,082 capital city homes taken to auction this week, a slight increase on last week - up by 36...

  Lower auction numbers Third of Melbourne auctions withdrawn Last week the final combined capital city clearance rate remained steady at 58.4%, the third consecutive week around this level.   There are 1,144 homes scheduled for auction across the combined capital cities this week. We broadcast the...

Melbourne numbers are still way down while Sydney chalks up the most number of auctions held in over 4 months.  See all the details as well a look through Brisbane’s top sale in Indooroopilly and details of a report into increased rental pain in inner...

  Steady clearance week on week Canberra tops the nation – again! Sydney numbers trend up Auction activity remained relatively steady last week when compared to the week prior, with volumes and the weighted average clearance rate remaining at similar levels over the week.    There...

This week and weekend There were 1,160 homes taken to auction across the combined capital cities this week, similar to the previous week when 1,154 auctions were held, and slightly higher than this time last year (1,111). The combined capital city preliminary auction clearance rate was...

Last week saw the final weighted average clearance rate improve across a lower volume of auctions and fewer withdrawn auctions. There were 1,154 capital city homes scheduled for auction last week, returning a final auction clearance rate of 58.7%.  To the week ahead now and...

Welcome to this special report on the state of the Australian Market.  Earlier today CoreLogic released its Hedonic Home Value Index that indicated that Australian housing values continued to drift lower for the third month.  CoreLogic’s home value index dropped 0.6% over the month, a...

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