Property Investment Blog

Monday, 19 July 2021

Auction Clearances Strong Despite COVID

Auction clearance rates continue to remain solid in spite of the COVID lockdowns in big cities such as Sydney.

Look at the attached auction clearance chart showing the clearance rates for our 5 big cities.

As you can see, the market is staying resilient, being driven by the low interest rates environment and continual buyer demand across both the first home buyer and investor sectors.

What are your thoughts on how the market will go in the coming months?