Pete Wargent blogspot

PERSONAL/BUSINESS COACH | PROPERTY BUYER | ANALYST

'Must-read, must-follow, one of the best analysts in Australia' - Stephen Koukoulas, ex-Senior Economics Adviser to Prime Minister Gillard.

'One of Australia's brightest financial minds, must-follow for accurate & in-depth analysis' - David Scutt, Markets & Economics Editor, Sydney Morning Herald.

'I've been investing 40 years & still learn new concepts from Pete; one of the best commentators...and not just a theorist!' - Michael Yardney, Amazon #1 bestseller.

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.