Domain published their preliminary results for today. The sold volume remains very low.
They note “from Thursday July 9 the Victorian government placed a ban on public real estate auctions as part of social distancing measures to slow the spread of COVID-19. The number of auctions withdrawn in the immediate weeks following the ban are likely to be higher than normal”.
Canberra listed 48 auctions, reported 46 with 36 sold, 2 withdrawn and 8 passed in giving a Domain clearance of 78%.
Brisbane listed 44 auctions, reported 36 with 22 sold, 4 withdrawn and 10 passed in giving a Domain clearance of 61%.
Adelaide listed 33 auctions, reported 22 with 15 sold and 7 passed in giving a Domain clearance of 68%.
