Melbourne re-opens
Sydney's auction market, on the generally quiet long weekend, saw a very solid 73.2 per cent preliminary auction clearance rate, as confidence continues to build.
Canberra again saw the strongest results, with a 75.6 per cent preliminary clearance rate.
Source: CoreLogic
In Melbourne, actual auction volumes remain close to record lows at this stage.
However, the all-important leading indicator is that pre-listing activity is up 27 per cent in Melbourne, according to CoreLogic's statistics.
Moreover, in real time statistics will only ever tell part of the story.
That's why the best real-time indicators tend to come from mortgage brokers and buyer's agents at the 'coal face' of the industry.
To that end, the top buyer's agent in Victoria Cate Bakos reports on the surging sentiment in Melbourne and Victoria here.
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The 7-day average for newly confirmed cases is now at the lowest level in the 109 days since June 17, at under 15.
New South Wales hasn't seen a single domestic or community case in 9 days, and there's nothing else outside Victoria either.
Victoria has three cases remaining in ICU, of which one remains on a ventilator.
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I recently also discussed the latest trends in Canberra, Adelaide, Brisbane with the top buyer's agents in their respective markets.
There's also now a link you can follow to our Sydney webinar here.
