Lower Auction Volumes Across The Combined Capital Cities Week-On-Week

There were 1,669 homes taken to auction across the combined capital cities this week, down from 1,875 over the previous week. This time last year, volumes were significantly higher with 3,990 homes taken to auction over what was the pre-Easter weekend, traditionally one of the busiest weeks for auctions each year.

Preliminary results show a clearance rate of 56.0 per cent across the combined capital cities this week, increasing from last week’s final clearance rate of 51.4 per cent…