Another strong performance for Ray White Victoria (Week ending 4 May) with a clearance rate of 78% from 68 auctions reported. (An interesting stat is that we consistently auction close to 10% of the total auction market each weekend)
Victoria clearance: 70% from 704 auctions (Source: REIV)
The REIV expects there will be more than 3,000 auctions to be held in May, with the long-term average clearance rate for May being 70%.
How much family time does your household have each day? If you’re like most Australian households, you’re no doubt aware that precious family time is becoming harder to come by. If you’re looking to tip the scales in favour of more time with your loved ones, the good news is … Read more
Australia’s housing market shows remarkable resilience with accelerating price growth across houses and units. April data confirms this trend, marking one of the strongest growth periods since 2021. Growth accelerates across the board The latest data reveals that house prices nationally rose by 0.4 per cent in April to reach … Read more