Tag: Domain

The preliminary results from Domain continue to show strong rates of clearance on good volume. No signs of the main Sydney and Melbourne markets faltering yet.

The national clearance rate was 77.6% compared with 73.9% last week, and 69% a year ago. The number sold was 1,314, higher than last week at 1,286 and last year 984.

Sydney cleared 76.9% with 512 sales, compared with 73.8% on 512 last week and 375 last year. Melbourne cleared 79.2% with 688 sales compared with 75.4% and 654 last week and 497 last year.

Brisbane cleared 62% of 110 scheduled auctions, Adelaide 70% of 86 scheduled auctions and Canberra 75% of 66 scheduled.

The preliminary auction results from Domain for 13th May 2017 show continuing momentum in the major markets of Melbourne and Sydney.

Melbourne sold 593 properties at a clearance rate of 78.1%, compared with 466 last week at 74.6%. Sydney sold 445 at a rate of 79.3% compared with 366 at 70.6% last week. Both higher than this time last year.

Nationally, 1,153 sold at a rate of 78.1%, compared with 822 at 74.6% last week and 977 at 70.3% last year.

Brisbane cleared 55% of 69 scheduled auctions, Adelaide 62% of 74 scheduled and Canberra 78% of 72 scheduled auctions. So no obvious signs of a serious fall in transactions at the moment.

The preliminary data from Domain shows that the number of listings are down, though clearance rates are still quite high. Nationally, 721 properties were sold, compared with 1,286 last week and 1,043 a year ago.  Looks like momentum is indeed easing.

This equates to a 74.3% clearance compared with 73.9% last week and 66.8% a year ago. Sydney achieved 265, at 73.6% compared with 539 at 75.3% last week, and Melbourne sold 721, compared with 1,286 last week,  at 78.7% this week and 76.1% last week.

Brisbane cleared 55% of 69 listings, Adelaide 62% of 74 listings and Canberra 55% of 36 listed.

The preliminary auction clearance results are in from Domain. Nationally, it stands at 79.5% on 1,111 sales, compared with 71.8% last week and 69.7% a year ago. Melbourne has greater volume with 645 sold, at a rate of 81.7%, compared with 74.5% last week and 72.6% last year. Sydney cleared 388 at 80.3%, higher than last week.

Brisbane cleared 53% on 85 listed, Adelaide 73 on 65% and Canberra 58 on 64%.

So to real evidence to suggest a slowing market.

The preliminary auction clearance results today from Domain continue the trend of high clearance rates, even if absolute volumes were down a little from the highs of last week.

Sydney achieved 81.3% with 479 sales, compared with 74.4% last week on 591 sales. Melbourne achieved 80.5% on 627 sales, compared with 75.9% last week on 975 sales. The national clearance rate was 79.4%, compared with 73.7% last week and 65% last year.

Brisbane cleared 62% of 99 scheduled auctions, Adelaide 79% of 73 scheduled and Canberra 60% of 48 auctions.

The latest preliminary data from Domain shows continuing momentum in today’s auction results.

Sydney achieved a clearance of 80.2% compared with 76.7% last week, and 61.4% last year. The volumes are also up. In Melbourne, clearance was 79.5%, higher than the 75.3% last week and nationally, clearances were at 78% compared with 73.8% last week.

Our surveys suggest that investors are rushing to purchase ahead of the upcoming budget in May, as they fear the generous tax breaks may disappear. First time buyers are being beaten to the punch.

Brisbane achieved 47% on 138 auctions, Adelaide 64% on 79 scheduled and Canberra 77% on 78.

The preliminary results for today are in from Domain, and we see strong clearance rates in the main Sydney and Melbourne markets.

The national clearance rate was 77.6% compared with 74.3% last week, with 1,333 sold compared with 705 last week, and 1,897 last year.  Sydney achieved 82.2% with 443 sales and Melbourne 775 compared with 152 last week (a holiday weekend). So high clearance rates, but on lower sales volumes.

Brisbane cleared 53% of 105 scheduled auctions, Adelaide 64% of 68 scheduled and Canberra 68% of 83 scheduled auctions.

The preliminary auction clearance results from Domain, for today, on first blush looks strong, but below the surface, volumes were down.

Sydney clearance rates were at 82.9%, compared with 75.1% last week, and 69.5% a year ago. But the number of auctions were down, 458, compared with 597 last week and 502 this week last year.

In Melbourne (over a long weekend) clearances were 79.2%, compared with 78.3% last week and 67.4% this time last week. However, reported auctions were 152, compared with 1,071 last week and 316 last year.

Nationally, the clearance rate was 79.2%, compared with 75% last week and 65.7% last year. But reported auctions were just 700 compared with 1,915 last week and 958 last year.

Brisbane scheduled 113 auctions and achieved 52% clearance, Adelaide 56 scheduled auctions with a clearance of 66% and Canberra 22 auctions with 77% clearance.

So overall a mixed picture. Lets see if volume comes back next week, of whether this is a sign of some slowing in momentum.

The preliminary auction clearance results from Domain for today nationally hit 77.9%, higher than last week, and the comparable week last year. The total volume of property listed was 2,158, higher than a year ago, but lower than last week. 1,329 properties were sold, compared with 1,906 last week and 1,289 a year ago.

Sydney cleared 78.3%, with 426 sold, whilst Melbourne cleared 80.6% with 772 sold.

Brisbane cleared 59% of the 118 auctions scheduled, Adelaide 67% of 78 and Canberra 68% of 83 auctions scheduled.

Preliminary auction clearance results today from Domain show strong results again, though the preliminary result from Sydney last week stood at 83.1% compared with 80.2% this time around. Nationally clearance was 80.9% compared with 75.7% last week. This is higher than a year ago though on slightly smaller volumes. Melbourne stands at 82.4% compared with 76.1% last week on higher volumes.

Brisbane cleared 69% on 122 listed, Adelaide 81% on 90 listed and Canberra 77% from 79 listed.