Revised auction clearance rate one of the lowest this year
But Gil King, the CEO of the REIV, told SCHWARTZWILLIAMS that last week auction volumes and sales in Victoria were ahead of those for the same period last year.
Get to know Gail Miller, former Olympian, now McGrath New Farm agent
Gail Miller has joined Sherrie Storor at McGrath New Farm, and says the lessons she learned as an Olympic athlete are integral to her success in real estate.
Low rates, limited supply hold Sydney, Melbourne auction clearances aloft
Sydney and Melbourne auction clearance rates held above 70% over the weekend, as the prospect of continued low interest rates spurred buyers to compete for scarce listings.
McGrath Estate Agents will take another historic 24 Millers Point homes to market for the NSW government, with proceeds going towards building new social housing.
Though the number of properties going to auction has edged higher over the spring months, supply is not keeping up with demand. Clearances rates are at a high for the year, and prices are heading into the stratosphere.