by Chris | Aug 23, 2011 | Melbourne Buyer Insights, Melbourne Market
22 August 2011 – Clearance Rate Reaches 60% The sunshine beamed on a beautiful Winter day in Melbourne on Saturday and the clearance rate for the week as reported by the REIV was 60%. 260 out of a total of 436 properties that went to auction on the weekend found...
by Chris | Aug 16, 2011 | Melbourne Buyer Insights, Melbourne Market
Much of the same this week with the REIV reporting a clearance rate of 57%. Of the 431 properties that went to auction on the weekend, 244 of those sold and 187 passed in. Of the 187 properties that passed in, 65% of those were passed in on a vendors bid. At the same...
by Chris | Aug 8, 2011 | Melbourne Buyer Insights, Melbourne Market
8th August 2011 The news out of America did not have any impact on results over the weekend, with the clearance rate remaining consistent with the last few months of activity. This week’s clearance rate was 57% as reported by the REIV. There were 460 properties...
by Chris | Aug 2, 2011 | Melbourne Buyer Insights, Melbourne Market
01 August 2011 According to the REIV, this week’s clearance rate again failed to reach 60%. Of the 543 properties up for auction on the weekend, 315 of those sold and 228 were passed in representing a clearance rate of 58%. Of the 315 properties that sold, 63 of those...
by Chris | Jul 26, 2011 | Melbourne Buyer Insights, Melbourne Market
25 July 2011 The REIV reported a clearance rate of 59% this week, with 263 of the 443 properties scheduled for auction finding new owners. This is higher than last weeks clearance rate of 56%, indicating a slight improvement in demand. A total of 180 properties were...
by Chris | Jul 19, 2011 | Melbourne Buyer Insights, Melbourne Market
18 July 2011 Another consistent week with the REIV reporting a clearance rate of 56%, with 211 of the 377 scheduled auctions selling. A total of 166 properties were passed in over the weekend and 60% of those were passed in on a vendor bid. This is now the 12th week...