Auction action: a wrap of the weekend auction markets: Week ending 20 April 2014

Long weekend and a rest across the auction markets.

Auction volumes fell by over 80 per cent over the week which had been predicted in advance given that over the past five years we have consistently seen a sharp drop in auction volumes over the Easter weekend, this only being heightened by Anzac day falling on the following Friday. There were 625 auctions held across the capital cities last week and currently, RP Data is only expecting 799 over the coming week.  Based on this week’s low volumes, we won’t look at each of the capital city auction markets in the same way that we usually do, but here are some key stats from last week that provide a good summary.

20140420 Capital city   20140420 city-by-city table

About Shana Miller

Shana joined CoreLogic RP Data in 2007, heading up CoreLogic RP Data’s 'agents advice' team which is responsible for collecting sales data directly from industry participants. Having gained a solid background in data collection, storage and reporting, Shana joined CoreLogic RP Data’s research team as an analyst in 2011. Shana's day to day activities include compiling CoreLogic RP Data’s regular analysis such as auction and private treaty metrics as well as reporting on housing markets at a local through to national level. Shana has now joined the CoreLogic RP Data commentating team to deliver weekly blog updates on housing market activity across the country.

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