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buc

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23/02/20

19:47

Post #: 43099628
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Originally posted by Forged: ↑

“Sellers coming out of the woodwork in Melbourne”

Yes... they did. Hungry to buy...

Some 1123 auctions were held in Melbourne this weekend, just short of a super Saturday.

By evening, Domain Group had recorded a preliminary clearance rate of 79.1 per cent from 774 reported results.

Frustrated buyers who couldn’t find a home before the end of last year were continuing to drive prices up in the auction market, by going the extra mile to secure a property as soon as possible, Whiting and Co agent Marcus Peters said.

“People will pay a bit more if they get their weekends back and don’t have to spend any money [updating] something,” he said. “They’ve got busy lives, they want to get on with their weekends and so, basically, you can see there is hunger in their eyes.”

https://www.google.com.au/amp/s/www...their-eyes-amid-stiff-competition-932938/amp/

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No Forged.

A total of 1123 auctions, of which 451 properties appear to have not sold.
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