National Auction Market Preview – 10 May

Upcoming auctions

There are 424 capital city homes scheduled for auction this week, down on the 612 homes auctioned last week. The last few weeks have seen fewer scheduled auctions due to a combination of low sentiment, tough selling conditions and policies preventing open homes and on-site auctions. 

However with news that the NSW and WA state governments are lifting the ban on on-site auctions and inspections, with other states likely to follow suit, auction volumes could…