Saturday home auction results continue to track consistently around the levels reported most weekends so far this year providing sellers at least with some sense of certainty in regard to underlying market conditions.
Although auction numbers generally remain below the levels recorded at the same time last year, they nonetheless continue to provide buyers with reasonable choices.
Sydney once again produced the top clearance rate and continues to track at around the 60% mark with Melbourne now settling in the mid-50’s although Saturday’s result was one of its highest recorded so far this year.
Home auction markets will be distracted over the next few weekends as school holidays and this year’s lengthy Easter break act as usual to sideline many buyers and sellers in what are already flattish market conditions generally.
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