Week Ending 7 June
(Queens Birthday Long Weekend)
Ray White Victoria recorded a clearance rate of 52% this week from 27 auctions reported. Although it was a long weekend, auction clearance rates are relative to properties auctioned, which indicates the first significant shift for 2014.
Victoria clearance:
67% from 227 auctions (source: REIV)
Note:
2014 trending strongly… One in every four homes sold so far this year have been sold at auction (compared to one in five this time last year).
Auction Highlight:
Another solid in-room auction event for Ray White Ferntree Gully on Thursday 5th June, selling 4 from 5 on the night. Well done also to Ray White Bundoora for 100% clearance in their core area on Saturday.
MARKET watchers only had eyes for Melbourne today on-site auctions were finally allowed back in a limited capacity in the Victorian capital for the first time since early July. The Ray White Group booked a preliminary national clearance rate of 74.5 per cent. This week the auction juggernaut had 618 … Read more
Before summer sets in, I go through the seeds scattered throughout my shed and select a good batch of mixed greens to plant directly into our garden beds and pots. Spring is when the soil temperature starts to warm up so your seeds and seedlings will be sure to take off, … Read more