Commercial auction volumes and clearance rates improving: CoreLogic RP Data

Commercial auction volumes and clearance rates improving: CoreLogic RP Data
Commercial auction volumes and clearance rates improving: CoreLogic RP Data

Over the week ending 25 March 2016, a total of 51 commercial auction results were reported with just under half (49 per cent) selling, according to CoreLogic RP Data.

Over the previous week, both auction volumes and auction clearance rates were higher, with 58 auctions held and a clearance rate of 55.2 per cent. At the same time last year, 103 auctions were recorded and 61.2 per cent were successful.

Over the four-week period ending 25 March, 207 commercial auctions have been reported with 108 sales. Of the 108 sales, 73 have been reported with a price and the total value of these transactions was just over $122.52 million.

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Commercial auction volumes and clearance rates improving: CoreLogic RP Data

 

Tags: 
Commercial Sales Commercial Investment

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