Search results

Plenty of steam left. And look at that median price. Up 8.8% from 2 weeks ago. Saturday 2nd August 2014 Number Listed Auctions: 434 Number Reported Auctions: 338 Sold: 288 Withdrawn: 20 % Cleared: 80 % Total Sales: $285,029,999 Median: $931,500

Doing this for my own records. Saturday 2nd August 2014 Number Listed Auctions: 426 Number Reported Auctions: 310 Sold: 261 Withdrawn: 20 % Cleared: 79 % Total Sales: $229,126,250 Median: $907,000 Volumes down, clearance rate and median up.

That is a far point. 12 less vendors with unrealistic expectations would do it.

Plenty are the latter, no doubt. The point here, though, is that this is the same metric so the comparison is consistent, even if the numbers are a bit high.

With rates looking like remaining low for some time (not to mention the super competitive 5 year fixed loans from 3 of the big 4 announced this week) it looks like there's plenty of steam left as we approach spring. Not expecting an 80%er for a while unless there's a weekend with unusually...

After the seasonal dip, Sydney's pulled off three consecutive weeks with auction clearance rates reported by APM at 77%. There were 404 auctions last week, so volumes are up 25% yet clearance rates are identical...