by Wendy Chamberlain | Jul 4, 2021 | Auctions
The week ending 3rd July delivered a clearance rate of 80% from 719 auctions, according to REIV data. At the same time last year, there were 362 auctions reported and a clearance rate of 70%. 437 homes sold at auction and 140 sold before auction, with 141 passed in....
by Wendy Chamberlain | Jun 27, 2021 | Auctions
The week ending 26th June brought a sharp increase in the number of auctions across Victoria following the easing of COVID-19 restrictions. There were 924 auctions reported for the period, which is almost 45% higher than the 642 reported the previous week (based on...
by Wendy Chamberlain | Jun 20, 2021 | Auctions
The week ending 19th June delivered a clearance rate of 82% (according to REIV data) from the 530 auctions that were reported across Victoria. At the same time last year, 431 auctions were reported and a clearance rate of 67% was achieved. 305 homes were sold...
by Wendy Chamberlain | Jun 13, 2021 | Auctions
The week ending 12th June delivered a clearance rate of 92% at auctions across Victoria (based on REIV data) as the state emerged from lockdown for the Queen’s Birthday long weekend. Volume was substantially lower than in previous weeks, with just 222...
by Wendy Chamberlain | Jun 7, 2021 | Auctions
The week ending 5th June brought strong results at auctions across Victoria, with a 96% clearance rate according to REIV data. 565 auctions were reported for the period. 258 home sold at auction and 284 prior to auction, with 22 passed in. The market remains subdued...
by Wendy Chamberlain | May 30, 2021 | Auctions
Victoria’s lockdown, which came into effect last Thursday at 11:59PM, brought significant disruption to the real estate sector, particularly given the abruptness of the announcement. Nevertheless, the auction clearance rate for the week ending 29th May was 93%...
