More than 2200 homes were taken to auction across the combined capital cities last week, with every city except Canberra experiencing an increase in auction volumes from the same time last year.
Improved clearance rates show sellers are adjusting to the market - CoreLogic
Auction clearance rates have remained firm throughout March, leading experts to believe that sellers are adjusting to the conditions of the current market.
'Seasonal bounce': Sydney, Melbourne auction clearance rates up
Sydney and Melbourne's auction clearance rates picked up on the weekend, fueled by hopes of reduced interest rates and relief that the banks are unlikely to further tighten lending after the results of the banking royal commission.
As loan squeeze takes toll on clearance rates, experts call for six-week auction campaigns
SQM Research Louis Christopher is calling for the typical four-week sales campaign to be extended, as the tightening loan approvals process takes its toll on clearance rates.
"We've all forgotten what a normal market is" agent says on cooling auction clearance rates
A Drummoyne home has defied market trends, skyrocketing $650k above the reserve price, while Place Bulimba held another successful All-Star Auction event.
Stamp duty reforms an "insult" to home buyers, as bidders versus banks after another flat auction rate
Industry body the Real Estate Institute of New South Wales (REINSW) have slammed the stamp duty reforms as an "insult" to genuine home buyers, while bidders struggle with tight bank lending after another weekend of flat auctions across the nation.
