Business
Big sales despite restrictions on Sydney and Melbourne auction markets – Domain News
Sydney and Melbourne’s auction markets are now both facing restrictions due to the coronavirus crisis, but big sales are still happening.
The sun was out, buyers were ready, but new restrictions on Sydneys property market meant no more than 20 people could attend an auction at the weekend.
On Friday, agents and agencies were warned that bidders needed to be socially distanced as coronavirus cases climbed in Sydney.
This new restriction is also in place for those wanting to inspect a property.
On Sunday, a spokesperson for Fair Trading NSW reiterated that, depending on the size of the home or apartment, a maximum of 20 people co…
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