Weekend auction markets continue to run strong

Auction volumes increased with 3,367 properties taken to auction this week.  This was the second highest number of reported auctions this year for the combined capital cities, up from 2,987 over the previous week. Despite the surge in auction numbers, market volume is still significantly lower than the corresponding week last year (3,729). The preliminary auction clearance rate, despite…

Stop being an auction loser

Roughly 30% of homes scheduled for auction are sold prior to the big day. For the buyers who were preparing for the auction this can lead to immense disappointment and frustration. So how do you get ahead of other buyers? Last year in his column in Switzer, John McGrath gives some tips on how to snag…

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