By clicking send message I agree to the terms and conditions, privacy policy and to receive correspondence from The Realestate Conversation and Williams Media.
Agents were busy across the country last week as steady volumes of properties up for auction gave similar results, says CoreLogic.
Read More
BLOG
I firmly believe that auction clearance rates are the property market’s most irrelevant statistic.
Victoria looks likely to see two Super Saturdays of 1000-plus auctions in the next fortnight.
Clearance rates are holding up in Sydney and Melbourne.
Victoria’s solid auction market should continue over the next two months, with higher numbers expected in May.
Melbourne's clearance rate was up this week and volumes were strong, while in Sydney the clearance rate eased amid thin volumes.
An earlier Easter in 2016 is driving the ambitions of some buyers, which should make the next six weeks an ideal time to list a quality, well-priced Sydney property.
Weekend auctions are no longer the frenzied scene of a few months ago.
Higher interest rates have spooked buyers, with Sydney's auction rate falling to a 3-year low.
Clearance rates down in Melbourne and Sydney.
Keep the conversation going with Recon Daily
Keep the conversation going with LUXURY LIST WEEKEND our free newsletter covering Australian luxury real estate.
Join the Australian Commercial real estate conversation with COMMO our free newsletter
