National Auction Market Preview – 22 March

Upcoming auctions

There are 2,422 capital city homes set to be auctioned this week, up from the 2,274 auctions held last week. Over the same week one year ago, volumes were lower (1,667).

Both Melbourne and Sydney are set to see an increase in the number of homes taken to auction week-on-week, with Melbourne set to host 1,215 auctions, up only 1.2% on last week (1,201). In Sydney, 907 auctions are scheduled to take place; an expected rise of 18.3% over the week (767).

Across the…