Market Update – Saturday 9th November 2013

A clearance rate of 71 per cent was recorded this weekend compared to 67 per cent last weekend and 59 per cent this weekend last year.

There were 876 auctions reported to the REIV today, with 626 selling and 250 being passed in, 134 of those on a vendor bid.

Next weekend the REIV expects around 1280 auctions.

By: Enzo Raimondo CEO REIV