Was there a shift in the Brisbane market last week?
An increase in Brisbane auction volumes across last week has been met with a reduced clearance rate across the city, suggesting vendors are confident in direction of the market.
Auction market ready to rebuild following election dip
Months of political uncertainty culminated in a predictably soft auction market last week, as less than 1000 homes went under the hammer across the capital cities.
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.
