Corelogic RP Data Pty Ltd.
Corelogic RP Data Pty Ltd.
08/19/2022 | News release | Distributed by Public on 08/18/2022 20:53
Auction Market Preview - 21 August 2022
There are currently 1,877 homes scheduled for auction across the combined capital cities this week, up 16.5% from the previous week when 1,611 auctions were held, and 6.4% higher than this time last year (1,764).
There are currently 1,877 homes scheduled for auction across the combined capital cities this week, up 16.5% from the previous week when 1,611 auctions were held, and 6.4% higher than this time last year (1,764).
Melbourne is expected to be the busiest auction market this week, with 768 homes scheduled to go under the hammer, up 20.0% from the previous week (640), although -12.3% lower than this time last year (876).
Sydney is set to host 710 auctions this week, up 15.4% from the previous week (615), and 38.1% higher than this time last year (514).
Brisbane is expecting the busiest week amongst the smaller capitals, with 155 auctions scheduled across the city, followed by Adelaide (122) and Canberra (104). Perth is set to host 14 auctions, while four auctions are scheduled to occur in Tasmania this week.
The complete Auction Market Preview for the week ending 21 August 2022, including a summary of last week's results, can be downloaded below
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Meet Caitlin Fono
Sr Associate, Research Support
Caitlin has spent more than a decade working with property data and analytics in various roles, earning a position on the CoreLogic research team in 2013. As a respected and highly experienced research analyst, Caitlin works with high frequency data sets, regularly updating our widely read auction reporting, weekly activity updates and customised data briefs.
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