Auction Wrap Up – 3 October 2016

National Auction activity slowed down for the long weekend, with only 399 auction listings around the nation. This figure, equating approximately one fifth of the previous weekend, was the lowest since Easter. With many buyers away for the weekend, demand was also weaker compared to previous weekends. Consequently, the auction clearance rate declined to 75 […]

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Monthly Wrap Up – June 2016

National The auction market showed overall resilience in the first half of 2016, despite a drop in listing numbers. The nation recorded 46,067 auction listings in the first half of the year, representing a five per cent decline from the corresponding period in 2015. June’s 8,317 listings equated a two per cent drop from June […]

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Auction Wrap Up – 4 July 2016

National “A quiet weekend with similar clearance rates for Melbourne and Sydney.” The nation recorded a 69.9 per cent clearance on the weekend with 495 properties listed to go under the hammer. Last weekend is likely to be the July’s slowest, with listing numbers expected to recover over the next two Saturdays. The month’s listing […]

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Auction Wrap Up – 4 June 2016

National June started strongly, with 1,633 listings across the main auction markets. Despite falling short of last weekend’s result, the national figure remained above the 12-month rolling average for the third consecutive week. Saturday had 1,181 reported sales and a preliminary clearance rate of 74.6 per cent. The coming weekend is expected to be slow, […]

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Auction Wrap Up – 21 May 2016

National Auction clearance rates have softened across the country as the number of listings edged higher. The preliminary national clearance rate closed at 73.9 per cent on Saturday, marginally below last week’s headline figure of 74.6 per cent. The national number of weekend auctions rose to 1,527, despite Melbourne’s slight fall in listing numbers. This […]

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Auction Wrap Up – 14 May 2016

National The 2nd Saturday of the month saw listings numbers soften slightly to 1,480, falling below the corresponding weekend in 2015 but remaining above the 2014 results. The weekend clearance rate jumped by more than four percentage points compared to last week, following a strong lead from Sydney. Saturday’s 74.6 per cent is likely to […]

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Auction Wrap Up – 7 May 2016

National The first weekend in May registered 1,654 listings across the major auction markets, representing a fall of 26 per cent from the previous weekend. The clearance rate softened to 70.1 per cent, in line with the fall in the number of auctions. Despite a recent decline in listing numbers, May’s average listing numbers look […]

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Auction Wrap Up – 30 April 2016

National April’s busiest weekend recorded 2,230 listings across the capital cities, equating to the second highest listing number this year behind the pre-Easter super Saturday. The nation cleared 73.2 per cent of stock, compared to last week’s 70.5 per cent, but substantially lower than the 79.8 per cent recorded for the corresponding weekend in 2015. […]

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Auction Wrap Up – 23 April 2016

National Saturday recorded a preliminary clearance rate of 70.5%, only slightly lower than the preliminary clearance rate for last week of 70.6%. The number of properties listed however is much lower with 1,094 properties listed compared to 1,407 listings on the prevoius weekend. This reduction in listings is due to the ANZAC day long weekend […]

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Auction Wrap Up – 16 April 2016

National Saturday recorded a slightly lower clearance rate compared to the previous weekend with a national clearance rate of 70.6 per cent compared to 71.6 per cent. In addition when compared to the previous year the clearance rate is also lower with 77.6 per cent recorded in April 2015. The number of properties listed is […]

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