National Auction Market Preview – 18 April 2021
Auction volumes are expected to rise across the combined capital cities this week with CoreLogic currently tracking 2,496 auctions, up from last week’s 2,199 and last year’s 1,922 auctions held.
Auctions this week
In Melbourne, 1,209 homes are currently scheduled to go under the hammer this week, up from the 1,059 held last week. One year ago, 1,016 auctions were held across the city.
Sydney is also set to host a higher volume of auctions week-on-week with 946 auctions scheduled to go under the hammer, up from 821 last week and the 735 held one year ago.
Across the smaller auction markets, Adelaide, Brisbane and Tasmania are expecting fewer auctions week-on-week, while Canberra and Perth are set to see volumes rise…