VIDEO – Market struggles to hold confidence

VIDEO – Market struggles to hold confidence

Preliminary results show an auction clearance rate of 58.2 per cent across the combined capitals, thanks to a stellar result from Sydney.

There were 2,268 homes taken to auction across the combined capital cities this week, increasing from 1,976 over the previous week and 1,915 over the same week last year. This was the last week of auctions before the Easter weekend slowdown and while volumes have increased week-on-week, they are significantly lower than the week prior to Easter 2018 when 3,990 homes were taken to auction; the busiest week for auctions on record.

Although the number of auctions remain well below the week prior to Easter last year, the number of auctions held was the second highest so far this year.

Get a full rundown of results in all the capitals including a breakdown between units and houses.  Also a look inside the top sales in Sydney, Melbourne, Adelaide and Brisbane.   Geoff White joins Kevin Turner to present the latest figures from CoreLogic.

 

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Kevin Turner
kevin@realestatetalk.com.au
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