The latest happenings in the Melbourne property market. For our Essays and The Secret Agent Report, see our Research page.

Just a small sample of auctions taking place

A very small pool of auctions took place over the weekend.  Many of these auctions were based in regional areas.

A clearance rate of 60% was had for the weekend.  Similar to late last year while well behind the same period last year.

But wait …

It’s still too early to make a conclusion about the market just yet.

We’ve seen demand in many aspects still very healthy indeed.  Yet the market remains cautious.

Just need to give the market a few weeks to kick into gear before assuming what the current climate is.

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