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After a disconnect between buyers and sellers last month, it appears that both parties have made peace with the market with the auction clearance rate improving over August, according to the latest Apollo Auctions Auction Report.

Market, News

“FOOP” hits auction market, but overall auction clearance rate remains firm

06/08/2022

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A fear of over-paying, coupled with vendors who still think it’s last year, are starting to impact auction markets, but the overall clearance rate remains firm, according to the latest Apollo Auctions Auction Report.

News

Active bidders reduce but clearance rates hold up during May

04/06/2022

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The average number of active bidders at auction reduced by about five per cent during May, partly due to the Federal Election but also the interest rate increase at the start of the month, according to the new Apollo Auctions May Auction Report.

Strategy, News

Thinking of making a pre-auction offer?

15/02/2022

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Buyers looking to make a pre-auction offer need to understand the possible processes around a pre-auction sale and be adept at negotiation.

News, Strategy

Why you should get to know your auctioneer

06/02/2022

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Just knowing the listing agent and being familiar with potential rival bidders is not enough if you want to have a firm grasp on an auction.

News

Record auction figures in December as Australia’s property market plays catch up

29/01/2022

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A surge in post lockdown supply coupled with buoyant market conditions, led to unprecedented levels of auction activity across Australia in the final three months of 2021.

Buyers and sellers make peace with market as auction clearance rates improve

“FOOP” hits auction market, but overall auction clearance rate remains firm

Active bidders reduce but clearance rates hold up during May

Thinking of making a pre-auction offer?

Why you should get to know your auctioneer

Record auction figures in December as Australia’s property market plays catch up