Saturday, 27 March 2021

Over 3,100 auctions held

More selling

This should alleviate some the fears of a supposed runaway housing market, with well over 3,100 willing sellers bringing their homes to auction this weekend.

Strong results again in Sydney, but median prices were no higher than a year ago as the pool of buyers was more effectively dispersed. 



Source: Domain

With so few results reported in the preliminary figures the final clearance rates will be considerably lower, probably in the mid-to-high 70s.