National Auction Market Preview – 1 December

The busiest suburbs for auctions across the nation this week are in:

• Glen Waverley (Vic) – 24 auctions
• Mosman (NSW) & Reservoir (Vic) – 23 auctions
• Preston (Vic) – 22 auctions

Upcoming auctions

The combined capital cities are set to see the busiest week for auctions this year, with 2,774 homes scheduled to go under the hammer, higher than last week’s 2,612 auctions held and the 2,749 recorded last year.

While the weighted average clearance rate has improved over the second…