National Auction Market Preview – 16 August

Upcoming auctions

There are 1,085 homes scheduled for auction across the combined capital cities this week, down slightly on the 1,150 auctions last week and lower than the 1,228 last year.

The number of auctions scheduled is continuing to fade across Melbourne, with 188 homes scheduled for auction this week, down -36% on last week (294) and -68% lower than scheduled volumes over the same week last year (588).  Between mid-June and the end of July, Melbourne was averaging 534…