Market News
Monday 30th August
Total Auctions 687
Passed In 199
Passed in after Vendor's Bid 130
Sold Before Auction 72
Sold at Auction 415
Sold after Auction 1
     Clearance Rate 71%
Total Private Sales 622
Source: REIV, week ending 29/08/2010
When there are over 1100 sales reported to the REIV, more than half of them auctions, then the clearance rate can be seen as one indicator of how the market is fairing. 71% of 687 auctions reported to the REIV cleared over the weekend....Read More »
 
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