Auction Activity Lower With 1,752 Homes Taken To Auction

The first weekend of Spring saw a total of 1,752 capital city auctions, a decrease on last week’s 1,915 auctions held and lower than over the same week last year when 2,074 homes went to auction. Although volumes are lower over the week, this is consistent with previous years where the Spring selling season really didn’t kick off until late September. However with a very different market at present; particularly relative to last year, it’s likely vendors will remain reluctant as…