The national auction clearance rate hit a five-and-a-half-year high as Sydney recorded its highest rate ever.
Buyers were back in the market again with the national auction clearance rate approaching 80% over the past week.
Auction clearance rates were predictably low over the Easter long weekend but that didn't stop the big spenders with a number of multi-million dollar sales over..
It was another heady week in the lead up to the Easter break. Auction volumes are high but strong demand is maintaining equally high clearance rates.
Auction clearance rates in Melbourne, Sydney, Canberra and Adelaide have been over 70% for the past six weeks.
There’s no quietening down in the property market with the national average edging up closer to 80% for the first time in a long time.