Melbourne auctions set for best winter auction result in four years: REIV
Property ObserverDecember 7, 2020
This weekend the REIV is expecting around 650 auctions.
The highest volume of auctions is expected to be found in Richmond with 14 auctions scheduled.
The REIV says if a clearance rate above 70% is recorded again this weekend, this year’s winter market would be on track to have the highest clearance rate since 2009.
The average winter clearance rate was 57% in 
.
55% in 
,
and 68% in 
.
The winter clearance rate in 
was 85% but with nearly 20% less auctions than this year.
