National Auction Market Preview – 17 May

Upcoming auctions

The number of homes scheduled for auction continues to trend lower, with only 365 auctions to take place this week, lower than the 480 auctions last week.

While most states have lifted the ban on on-site auctions and inspections, it’s likely to take a few weeks before we see an uplift in scheduled volumes with vendors and agents generally relying on at least a four week marketing campaign leading up to the auction event.

There are 110 Melbourne homes…