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Auction Clearance Rates

Thumbnail image for Australian Real Estate Market Update July 2010

Australian Real Estate Market Update July 2010

Analysts believe that the drop in auction clearance rates in Australia are showing that prices will fall in the second half of the year. The property market has begun to relax over the last couple of months. Consumer confidence declined 7% in May and the interest rate rises have finally started to have an impact. And, despite new laws being introduced, the cumulative effect will take a long time to materialize.

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Thumbnail image for Australian Capital City Auction Clearance Results: August 2009

Australian Capital City Auction Clearance Results: August 2009

Whether you are looking to buy or looking to sell real estate in Australia, appreciating auction clearance rates is extremely useful in understanding the real estate market. In this article, Simon Turner of luxury real estate firm Marquette Turner Luxury Homes compiles the auction results as compiled by RP Data to encompass Sydney real estate, Melbourne real estate, Brisbane real estate, Canberra real estate, Tasmanian real estate, Adelaide real estate and Perth real estate.

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Thumbnail image for 2009 July Australian Real Estate Auction Results

2009 July Australian Real Estate Auction Results

For any one interested in buying real estate, the auction clearance results for sydney real estate, melbourne real estate, brisbane real estate, adelaide real estate, perth real estate, tasmanian real estate, canberra real estate are very useful. Luxury real estate agency, Marquette Turner Luxury Homes, using RP Data as the source.

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Thumbnail image for 2009 June Australian Real Estate Auction Results

2009 June Australian Real Estate Auction Results

Luxury real estate agent, Michael Marquette of Marquette Turner Luxury Homes reveals the June 2009 auction clearance rates for sydney real estate, canberra real estate, tasmania real estate, brisbane real estate, melbourne real estate, adelaide real estate, and perth real estate.

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Thumbnail image for Queensland Real Estate Report: Sunshine Coast Home Sale

Queensland Real Estate Report: Sunshine Coast Home Sale

Michael Marquette reports that Marquette Turner Luxury Homes has just sold a fantastic Luxury home in Sunshine Beach, Noosa. The vendor and buyers are thrilled and the location of the home is absolutely first class. The home featured some of the most spectacular Ocean views available on the Sunshine Coast and interest came from locals and from New South Wales.

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Thumbnail image for Sydney Real Estate Report: Snapshot at July 21, 2009

Sydney Real Estate Report: Snapshot at July 21, 2009

Luxury real estate agent Michael Marquette of Marquette Turner Luxury Homes gives his Sydney real estate report. The total sale numbers are significantly down throughout Sydney as are the total number of properties being taken to auction. Most activity is still at the first home buyer end of the market. Luxury sales in Paddington have been strong and Sydney’s Eastern suburbs have recorded some good sales.

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Thumbnail image for 2009 July 10: Sydney Real Estate Report

2009 July 10: Sydney Real Estate Report

In his first Sydney Real Estate weekly report from luxury real estate agent Michael Marquette of Marquette Turner Luxury Homes, he looks at the most expensive suburbs, median dwelling price, median house price, interest rates and clearance rates.

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Thumbnail image for 2009 May Real Estate Auction Results in Australia

2009 May Real Estate Auction Results in Australia

Auction results for real estate can often be skewed to say anything, particularly when read on a week-to-week basis. That’s why Marquette Turner Luxury Homes choose to show clearance rates for all Australian cities together, and on a month-to-month basis, to give a little more context.

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Thumbnail image for Australian Auction Results – March 2009

Australian Auction Results – March 2009

When you’re looking to buy or sell real estate, regardless of what State in Australia you’re concerned with, auction clearance results are used as a barometer of the market. They of course do not tell the whole story, they do not distinguish luxury real estate (such as the type of properties Marquette Turner Luxury Homes specialises in), and they do not indicate the type or condition of dwelling. I could go on, but simply take these results for what they are and I’m sure you’ll find them useful.

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Thumbnail image for Australian Auction Results – February 2009

Australian Auction Results – February 2009

Auction results must always be put in perspective with our economical conditions. Thus, if they are to be used as an indicator, it is better to look at them on a wider basis than just a single week. Therefore, we are providing them to you on a month to month basis to give a broader picture.

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