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VIDEO – 4th week above 60% clearance

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Auctioneers are on a roll!

Auction Update The Wrap airs every Monday at 12:30 pm +10 UTC, LIVE on Facebook, Twitter and YouTube.

There were fewer homes taken to auction over the first week of July, with 945 capital city auctions held returning a preliminary auction clearance rate of 68.9 per cent; the 4th consecutive week above 60 per cent.

A preliminary auction clearance rate of 70.3 per cent was recorded across 388 auctions this week in Melbourne, while there were 552 auctions held in Sydney, returning a preliminary clearance rate of 78.2 per cent.

Looking at the smaller auction markets, auction volumes fell week-on-week across all capital cities. Preliminary results show that clearance rates were up over the week in all cities except Perth.

Get a full rundown of results in all the capitals including a breakdown between units and houses.  Also, a look inside the top sales in Sydney, Melbourne, Adelaide and Brisbane, Canberra and Perth.   Kevin Brogan joins Kevin Turner to present the latest figures from Core Logic.

Tags :

Auction Update Kevin Brogan Clearance rate Auction Update The Wrap CoreLogic Capital cities

Release Date:

08 July, 2019