National Auction Market Preview – 14 March
Auction volumes are set to rise with 2,240 homes currently scheduled for auction across the combined capital cities this week, up 42.8 per cent on the previous week when volumes dropped due to a public holiday in four of the eight states and territories.
Melbourne is set to host 1,083 auctions this week, up from just 487 over the previous week, although lower than this time last year when 1,201 auctions were held across the city.
Auctions this week
In Sydney, 836 homes are scheduled to go to auction this week, up from 789 last week and 767 this time last year.
Across the smaller cities, volumes are set to be lower over the week in Perth, while Brisbane and Canberra are expected to see a higher number of homes taken to…