National auction clearance results for the week ending 23/04/2017 courtesy of CoreLogic
Auction activity increased significantly across the combined capital cities this week after last week’s Easter period slowdown, with 1,732 homes taken to market and a preliminary clearance rate of 72.1 percent, down from 73.9 percent last week across fewer auctions (493). Melbourne saw the most significant increase in activity, with volumes increasing from 102 last week to 823 this week, also returning the highest clearance rate of all the capital cities (76.8 percent). Both clearance rate and [...]
National auction clearance results for the week ending 16/04/2017 courtesy of CoreLogic
The number of homes taken to auction, however, fell to just 487 across the capital city markets, with Sydney host to the majority of auctions last week (275).
Preliminary results for Sydney show that 82.4 percent of reported auctions (187) were successful, the strongest clearance rate for the city this year; however it is likely that this will revise down as further results are captured over the coming days.
In Melbourne, traditionally the [...]
Since January 1 this year, LJ Hooker has welcomed new offices in Wollongong, West Pennant Hills/Cherrybrook, Medowie and Hornsby in New South Wales, Gympie in Southern Queensland, while North Haven/Port Adelaide added to its South Australian network, and say they have a pipeline of offices in major and emerging markets planned to open before July 1.
LJ Hooker’s Network Chief Graeme Hyde said the brand was looking forward to significant expansion over 2017 and beyond.
“LJ Hooker’s 2020 vision, [...]
The reality is… no one really knows what property management will look like in 2030, but if you want to find out the latest cutting edge technologies, best industry practices and service providers, you are invited to attend the PPM National Property Management Conference held on the Gold Coast in June.
The PPM Group (founders of the [...]
National auction clearance results for the week ending 09/04/2017 courtesy of CoreLogic
Auction activity ramped up across the combined capital cities this week in the lead up to Easter, with 3,424 homes taken to auction this week, recording the highest volume of auctions year-to-date. The preliminary clearance rate remains strong despite the increase in volumes over the week, with 77.6 percent of auctions reporting as successful. This week’s results are higher than both last week’s 75.9 percent across 2,657 auctions and the same time last year when 67.1 percent of the 1,831 [...]
National auction clearance results for the week ending 02/04/2017 courtesy of CoreLogic
The combined capital city preliminary clearance rate remains in the mid-high 70 percent range for another week, while auction volumes decrease week-on-week. There were 2,646 properties taken to auction this week, down from 3,171 last week, when auction volumes reached their second highest level so far this year. Despite auction volumes shifting generally higher over the last few weeks, the weighted average clearance rate has remained relatively consistent, [...]