Volumes Rise Across The Captial Cities With 1,986 Homes Taken To Auction

There were just under 2,000 capital city homes taken to auction this week; an increase in volumes of 21% over the week (1,639 last week). The higher volumes returned a preliminary auction clearance rate of 74 per cent, increasing on last week’s final result of 72.8 per cent.  While we did see a pickup in auction activity this week, volumes remain lower than one year ago, over the same week last year around 400 more properties were taken to auction, although almost half of these failed to…