Based on preliminary results, the combined capital city clearance rate rose this week, from 75.4 per cent last week to 77.9 per cent. This week, the clearance rate across the capitals is higher than one year ago, when 69.9 per cent of reported capital city auctions cleared. There were 2,093 capital city auctions held over…
Articles by Shana Miller
Shana joined CoreLogic RP Data in 2007 and is a member of the commentating team that delivers weekly blog updates on housing market activity across the country.
The number of homes taken to auction this week fell slightly to 1,858, compared to the 2,153 auctions held last week and 2,297 one year ago. The preliminary clearance rate was higher than the previous week’s result of 74.5 per cent and up from last year, when the clearance rate was recorded at 73.2…
There were 2,113 auctions held across Australia’s capital cities this week, a rise from last week, (1,795) yet lower than the 2,654 auctions held at the same time last year. It is expected that auction activity will begin to pick up as we head into the spring selling season. The preliminary auction clearance rate was…
The capital city clearance rate continued its upwards trend, with preliminary results showing that 77.8 per cent of reported auctions across the capitals were successful. The strong trend in auction results over recent months has been achieved on falling auction volumes, suggesting the buyer demand is outweighing the supply of homes being taken to auction….
The preliminary clearance rate rose this week, up from last week’s 67.9 per cent to 73.9 per cent. The level of activity across the capital city auction market also increased this week, with 1,585 auctions held compared to 1,329 auctions last week. Despite the week-on-week rise in activity, the number of auctions held this…
The number of capital city auctions held this week was 1,053, falling significantly given most states and territories have a public holiday today. Preliminary results show that 67.2 per cent of auctions were successful this week, compared to 68.2 per cent last week across 2,008 auctions and 75.9 per cent one year ago, across 2,076…
Market activity resumes with stock being added to the market at a much faster rate than last year (… everywhere but Sydney) As they do each year, the number of homes advertised for sale around the country fell over the end of year period, however the number of residential properties available for sale is starting…
There were a total of 249,133 residential properties available for sale across Australia as at the week ending 29 November 2015. 110,884 capital city properties were available for sale, indicating that total stock levels are -1.7 per cent lower than last year across the combined capital cities and -2.8 per cent lower nationally. Over the…
Auction volumes remain high with 2,898 properties taken to auction this week, up from 2,547 last week, while the clearance rate has increased to 63.7 per cent, up from 61.0 per cent, the lowest clearance rate since the week ending 8th June 2014 (60.6 per cent). The higher weighted average clearance rate was mainly the…
As they do every year, new listings increased over the first month of spring, with further additions of stock to the market expected to ramp up until the end of year slow-down in December. In addition to the number of listings being added to the market CoreLogic RP Data’s lead listings indicator is also showing…