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CoreLogic says auction numbers have risen, but expects a significant proportion to be withdrawn.
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Auctions are expected to see volumes continue to either be withdrawn or revert to private treaty sales until conditions improve, according to CoreLogic
With 3,065 capital city properties registered for auction, CoreLogic said it is a 'wait and see' how the weekend will play out.
CoreLogic has recorded 2,422 capital city homes to go under the hammer this weekend Australia-wide.
Capital cities will see an increase of auctions this weekend up from both last week and last year, according to CoreLogic.
The number of auctions happening this Saturday are down by 52 per cent, according to CoreLogic
CoreLogic is currently tracking 2,836 scheduled auctions this week.
A major jump in the number of auctions this weekend will have buyers, sellers and agents very busy, according to CoreLogic.
The auction season is back in full swing with additional properties going under the hammer this weekend, says CoreLogic's Tim Lawless.
CoreLogic is currently tracking 2,369 auctions across the combined capital cities this week
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