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Auctions Return but will buyers bid?

About :

Auction Update airs every Friday at 3:00pm UTC +11, LIVE on Facebook, Twitter and YouTube.

  • Auction market is back in business
  • Numbers double in Sydney and Melbourne
  • Will buyers respond?

Last week

Last week there were 625 capital city homes taken to auction returning a final auction clearance rate of 61%, lower than what we were seeing over the second half of 2019 when the weighted average remained around 65 to 70% each week.

This week and weekend

The 2020 auction market is now in full swing, with over 1,000 capital city homes scheduled to go under the hammer this week.

Watch for Kevin Brogan’s thoughts about the weekend ahead and the numbers around the country and then join him on Monday as he gives the most comprehensive national roundup of the full week’s activity and a look inside the top sales in 6 capital cities.

Tags :

Auction Update Kevin Turner Kevin Brogan Auction Property Market Sydney melbourne real estate

Release Date:

07 February, 2020