National Auction Market Preview – 19 May

All of the busiest suburbs for auctions this week are in Victoria, with Bentleigh East, Brighton and Malvern East all topping the list with 8 homes set to go under the hammer each, followed by Glen Iris with 7 scheduled auctions.

Upcoming auctions

This week, CoreLogic is currently tracking 868 capital city auctions, decreasing from the 1,218 auctions held last week. While one year ago a significantly higher 2,100 auctions were held. The lower volumes this week is likely attributable to the…