National Auction Market Preview – 4 May 2018

The combined capital cities are expected to see a lower volume of auctions this week. CoreLogic is currently tracking 2,075 auctions, down on final results last week which saw 2,577 auctions held. While a significantly lower 1,689 auctions were held over the corresponding week last year.

Both Melbourne and Sydney, Australia’s two largest markets are set to see fewer auctions take place this week, with 1,035 Melbourne homes currently scheduled to go under the hammer, down from 1,334 last…