Business
There has been a spike in snap auctions and it’s pushing property prices higher – ABC News
There has been a surge in “snap” auctions, with people fearful of missing out on securing a home submitting early offers.
Karina Durham knows all too well how nerve-racking it is to bid for a property at a Saturday auction.
Key points:
- The COVID-19 pandemic has led to many properties selling before auction
- In early April 2020, 83 per cent of homes sold prior to auction
- The ABC…
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