National Auction Market Preview – 19 July 2018

Auction activity is expected to remain relatively subdued this week with 1,155 homes scheduled for auction across the combined capital cities, similar to the 1,178 auctions held last week, although lower than this time last year when 1,748 homes were taken to auction. 

Looking at the individual capital cities, auction volumes are similar week-on-week with Melbourne and Tasmania set to see an increase in the number of homes taken to auction while Canberra is expecting no change in auction…