Investors are cashing in on Sydney’s strong pre-Easter property market by selling homes across the city, a trend which contributed towards a record-breaking property auction performance on Saturday, when an unprecedented 1,152 homes were scheduled for auction – the highest ever weekend offering, beating the previous record of 1,128 which was set on the pre-Easter weekend of 2015.
Sydney also recorded its highest ever number of weekend auction sales last Saturday with $760.9m (£460m) worth of property changing hands.
The sharp rise in listings did not have an adverse impact on the clearance rate of 80.9%, which was higher than the 70.3% recorded over the same weekend last year.
.png)
.jpg)
Join the conversation
Be the first to comment (please use the comment box below)
Please login to comment