Auction Volumes Remain Low Across The Combined Capital Cities

This week, 590 capital city homes were scheduled for auction, with preliminary results returning a 59.6 per cent clearance rate. The previous week saw 413 homes scheduled for auction and a final clearance rate of 41.1 per cent with the lower volumes likely due to Anzac Day commemorations. One year ago, there were 1,479 homes taken to auction and a 52.5 per cent clearance rate. 

It’s likely the number of scheduled auctions will remain substantially lower than normal, at least…