September quarter saw both auction volumes and clearance rates rise across the capital cities

Auction volumes increased over the three months to September with 14,216 homes taken to auction across the combined capital cities, up from 13,783 over the previous quarter, although lower than this time last year when 16,730 homes were taken to auction over the September 2019 quarter.

Of the 13,917 auction results collected over the latest quarter, 18.7 per cent reported a withdrawn result, compared to 31 per cent over the June quarter. Of the sold results, 42 per cent were sold prior to…