Market Snapshot

The market continued to be sluggish with a low clearance rate of 47 per cent this week. Auction numbers were also well below what they were the same time last year, with 963 reported, scheduled auctions last Saturday compared with 1452 this time last year. The statistics listed below give an overall picture of market activity over the last week:

 

  • Clearance Rate (Houses) –          45%
  • Clearance Rate (Units) –              50%
  • Sold at auction –                              370
  • Passed in –                                         506
  • Sold Before auction –                    5
  • Sold after auction –                        2
  • Withdrawn –                                    52
  • Postponed –                                     32