National Auction Market Preview – 20 December

Last week was the busiest week for auctions the capital city markets have seen since early April, with a total of 2,580 homes taken to market. Historically we would see auction activity start to taper off dramatically after the second week of December as market activity slows in the lead up to Christmas, however this week we have a total of 2,347 homes scheduled for auction. Over the same week last year, a much lower 909 homes were taken to auction across the capital cities.

Just over half…