Author: Andrew Wilson
Melbourne recorded a remarkable boom-time auction clearance rate at the weekend with desperate buyers scrambling for available stock. Saturdays 84.1% stunning result was the highest recorded for nearly 3 years, well ahead of the previous weekends 75.5% and significantly higher than the same weekend last year’s 58.2%. Although auction numbers increased again at the weekend
Melbourne recorded another robust auction clearance rate at the weekend with buyers clearly strongly motivated to secure available property. Saturdays 75.5% result was the highest recorded by the local market since the spring of 2017 and well ahead of the previous weekends 71.4% and significantly higher than the 54.4% recorded over the same weekend last
Clearance rates continue to rise in Melbourne’s weekend auction market with buyer and seller confidence now clearly in revival mode. Melbourne’s recorded a clearance rate of 75.6% at the weekend of Saturday 27th July was higher than the previous weekends 73.3% and also again higher than the 60.3% reported over the same weekend last year.
The Melbourne weekend home auction market continues to generally produce solid results for those sellers still happy to engage the winter market. Melbourne recorded its third consecutive weekend auction clearance rate above 70% on Saturday at 70.7% which although slightly lower than the previous weekends year-high 73.6%, remained well above the 55.2% recorded over the
Melbourne recorded yet another solid auction clearance rate at the weekend with this year’s local market revival clearly remaining on track. Melbourne’s weekend rate of 65.8% was higher than the previous weekend’s holiday impacted 63.7% and again well above the 59.4% recorded over the same weekend last year. Melbourne has now recorded clearance rates above