Auction Update

Last week The capital city final auction clearance rate came in at 61.3% last week, slightly lower than the week prior when 62.7% of properties sold at auction. The lower clearance rate was across a higher volume of auctions with 856 held, up on the 612...

  Melbourne pips Sydney Withdrawals decline again Auction numbers at 6 week high This week, 867 capital city homes were scheduled for auction, with preliminary results returning a 65.9 per cent clearance rate.  Although the number of auctions held remains low, since restrictive policies around open homes...

Auction numbers edge up slightly Clearance W.O.W. is up Withdrawals down to 11% Last week The final weighted-average clearance rate came in at 62.7% last week, surpassing the previous week’s 60.4% as the highest result since the week ending 15 March. While clearance rates have...

Auction volumes a third of last year Highest clearance in 10 weeks Sydney tops the country 7 of the last 8 weeks The combined capital cities returned a preliminary auction clearance rate above 70% this week, which was the highest preliminary result we’ve seen since...

Cap cities stable Withdrawals low Sales prior reflect confidence Last week The capital city final auction clearance rate came in at 60.4% last week, surpassing the previous week’s 59.9% as the highest final result we’ve seen since Mid-March. The improved clearance rate was across a lower...

Increased numbers about to come Sydney first to react positively Clearance rates strengthen This week, 400 capital city homes were scheduled for auction, with preliminary results returning a 64.0 percent clearance rate. Sydney, one of Australia’s largest auction markets, returned a preliminary clearance rate above 70%,...

Clearance rate ticks up Withdrawals halve Sellers still prefer a pre-auction sale Last week The capital city final auction clearance rate came in at 59.9% last week, the highest final result we’ve seen since Mid-March. The improved clearance rate was across a lower volume of auctions...

Withdrawn listing numbers decline Under the hammer sales increases Analysis of ‘true meaning’ of auction numbers The combined capital city preliminary auction clearance rate bounced back above 60% for the first time since late March, with 64.5% of homes selling this week. The higher clearance...

Auction numbers very sluggish Low consumer sentiment Tough selling conditions Last week There were 612 capital city homes taken to auction last week, returning a final auction clearance rate of 47.5%. This was an improvement on the week prior when 41.1% of the 413 auctions returned...

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