There were 561 auctions reported, which is about average for each week of the past month.
Although low compared with autumn, it is still a high level for winter stock, especially when compared with last year’s July average of 332.
The weekend’s clearance rate rose to 70 per cent for the first time since mid-June.
Leonardo Persichetti from Woodards TBM said stock seemed to be drying up, but anyone genuinely in the market was still out there to buy.
Click here for the rest of the article (PDF Format)
Related Posts:
- Property price consensus July 23, 2019
- Forget Winter, Spring is coming, and it will be huge August 12, 2019
- Clearance rates lead the way August 19, 2019
- The Balanced Market July 30, 2019
- COVID - 19 - Update April 15, 2020
- JPP Property Management COVID – 19 (Coronavirus) business… March 17, 2020
- JPP Buyer Advocates COVID – 19 (Coronavirus) business update March 17, 2020
- Return to Stay at Home restrictions for metropolitan… July 10, 2020
Share this Market Comment
