Auction wrap from around the grounds - 25 May 2019

After election Saturday last week, bidders and buyers were back out in force today as Ray White had 310 auctions booked across the country, with a preliminary national auction day clearance rate of 63.2 per cent for the leading group.

Some 30 people attended Ray White’s auctions on average, which is the consistent crowd size of 2019, with 3 registered bidders per auction, which is a touch higher than normal.

Ray White QLD Chief Auctioneer Mitch Peereboom said it had been a great day of auctions for Ray White Queensland with clearance rates really strong across the group.

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Ray White NSW Chief Auctioneer Alex Pattaro said​ there was a noticeable change in atmosphere at his auctions this week with buyer buzz back in abundance.

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Ray White Victoria and Tasmania Chief Auctioneer Matthew Condon said Victoria had seen a lot of confidence in the real estate market from both buyers and sellers.

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Ends.