Auction Update

In this week’s episode, Andrew and Kevin take a look at the clearance rates and average sale prices across all capital city markets for the March quarter and then compare those figures with the same period last year.  An interesting insight into where the property...

Much of the media over the weekend was consumed with ‘doom and gloom’ reporting of a falling market, especially in Sydney, but that was proven to be unfounded.  Both Sydney and Melbourne auction clearance rates were above the previous weekend on the back of an...

The holiday weekend in Melbourne impacted the number of auctions conducted there but major concern continues for the extremely low clearance rate coming out of Sydney according to Dr Andrew Wilson.  With just 61.5% clearance last weekend, Sydney is dangerously close to the benchmark sub...

 The number of auctions conducted in all capital cities, except for Adelaide, were fewer than the previous week and clearance rates continue to fall everywhere except Canberra which recorded the country’s highest clearance rate last weekend.  Dr Andrew Wilson says the indications are that we...

 Auction results from last weekend are a good measure of buyer and seller confidence.  Dr Andrew Wilson says sellers are showing more caution with auction numbers still down on last year but clearance rates are remaining high.  Less choice for buyers is still a big...

 Watch each week as we talk to Dr Andrew Wilson about the weekend’s auction results. We look at the health of the auction market, where the sales are happening and the prices being achieved. This is the fastest and most accurate market indicator and you will get...

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