Spring has seen less auctions each week relative to same time last year
The combined capital cities saw an increase in the number of homes taken to auction this week with a total of 1,985 auctions held, up from the week prior when 1,916 auctions took place.
There were 1,692 homes taken to auction across the combined capital cities this week, returning a preliminary auction clearance rate of 56.7 per cent, making it the busiest week for auctions since the week ending 24 June 2018.
While Sydney and Melbourne record decline, more housing stock positive for buyers
While clearance rates across the country have recorded a decline over the weekend, the increase in housing stock coming to the market is positive news for buyers.
