2015 the busiest year for auctions on record: CoreLogic RP Data
National capital city auction volumes have slowed from 2,989 last week to 1,727 this week, according to CoreLogic RP Data, who state this is a similar number to this time last year.
Some 872 auctions are scheduled for Melbourne this week, down from 1,572 last week. 457 auctions are slated for Sydney, compared to 891 last week.
CoreLogic RP Data state 2015 was the busiest year for auctions on record, with total auction volumes expected to clear 108,500.
To put this into perspective, there were 104,444 capital city auctions held in 2014, 81,473 in 2013 and just 62,713 in 2012.
Michael Crawford
Michael is the real estate reporter for western Sydney and loves writing about homes and the people who live in them. A former production editor and news journalist, he enjoys writing about real-world property purchases as well as aspirational buys and builds. Following a recent move from Sydney’s northern beaches, Michael now actually enjoys commuting.
