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Weekly clearance rate

Has the housing market moved through the peak of the growth cycle?

The RP-Data Rismark Home Value Index reported its first month on month fall in May after capital city dwelling values consistently rose over the previous eleven months. The extent to which the May decline was a seasonal factor has been a key topic across the media; generally the month of May is a seasonally weak […]

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RP Data market preview, Melbourne; Week ending 8 June, 2014

There are 303 auctions scheduled this week in Melbourne compared to 197 for the same time last year. Volumes are temporarily low due to the long weekend. So far this year there have been 16,357 auctions and a clearance rate of 67.5 per cent compared to 68.6 per cent from 12,341 auctions this time last […]

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RP Data national auction commentary - Adelaide

RP Data National Auction Comment; Week ending 1 June, 2014

Sydney leads a strong week for the auction sales across capital cities A preliminary auction clearance rate* of 68.3 per cent was recorded this week across capital cities compared to 67.1 per cent last week and 72.1 per cent this time last year. Auction volumes reached record levels across the nation in May. This week’s […]

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Sydney & Melbourne auction markets break records in pre Queen’s Birthday auctions

RP Data National Auction Preview, week ending 1 June, 2014 There are 3,439 auctions scheduled across Australia this week with 2,855 expected in capital cities. There are 1,010 more auctions in capital cities than was the case on the same weekend a year ago but only 69 more than last weekend. The high volume this […]

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RP Data market preview, Melbourne; Week ending 1 June, 2014

There are 1,264 auctions scheduled this week in Melbourne compared to 867 for the same time last year. The strong level of auction listings in the first 5 months of this year compared to 31.6 per cent higher last year is a reflection of two things; firstly it shows the confidence of vendors where they […]

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Melbourne auction market records - RP Data

Melbourne auction market records

With the first 5 months of 2014 almost complete, it is worth noting that a large number of auction records have been broken in the Melbourne market. Highest volume of auctions ever Taking into account the expected auctions this week there have been around 16,236 auctions already held this year which is 30 per cent […]

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RP Data national auction comments, Adelaide

RP Data National Auction Comment; Week ending 25 May, 2014

Volumes rise and demand increases across capital city auction markets A preliminary auction clearance rate* of 66.1 per cent was recorded this week across capital cities compared to 66.6 per cent last week and 67.1 per cent this time last year. Demand from buyers was clearly sufficient to ensure that the clearance rate was largely […]

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RP Data National Auction Preview; Week ending 25 May, 2014

Unprecedented volume of auctions across Australian capital cities this week There are 3,111 auctions scheduled across Australia this week with 2,589 expected in capital cities – a remarkable 53 per cent more than the 1,687 auctions held a year ago. Vendors may be concerned about the high volume of competing auctions but should gain confidence […]

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RP Data market preview, Melbourne; Week ending 25 May, 2014

Melbourne auction volumes remain high as there are 1,137 auctions scheduled this week in Melbourne, compared to 823 at the same time last year. This will be the ninth week with more than 1,000 auctions in Melbourne. The highest number of auctions this week is in Glen Iris with 24 followed by Northcote and South […]

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Adelaide auction results: 19 May 2014

RP Data national auction market comment; Week ending 18 May, 2014

National auction market stable despite a strong rise in the number of properties taken to auction. A preliminary auction clearance rate* of 65.4 per cent was recorded this week across capital cities compared to 65.0 per cent last week and 67.3 per cent this time last year. The auction clearance rate has maintained a stable performance […]

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