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Last hurrah before winter sets in for auctions after next week!

Last hurrah before winter sets in for auctions after next week!
At 6.00 pm on Saturday the James Clearance Rate for Melbourne’s $M+ property was 76% on the 38 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement, was 2.3, which is much stronger than it was this time last year (hovering 1.5). Wow Bidderman 2.3! In terms of bidder demand at auctions, the breakdown was: Ducks [...]
A dozen properties bought-before – that’s a change!

A dozen properties bought-before – that’s a change!

At 6.00 pm on Saturday the James Clearance Rate for Melbourne’s $M+ property was 77% on the 39 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement, was 1.9 – back up to bordering on strong! In terms of bidder demand at auctions, the breakdown was: Ducks (no bidder auctions) – 26% Lone Rangers (1 [...]
Market Spike or Stepping Stone to a new Peak?

Market Spike or Stepping Stone to a new Peak?

At 6.00 pm on Saturday the James Clearance Rate for Melbourne’s $M+ property was 74% on the 38 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement, was 1.8. In terms of bidder demand at auctions, the breakdown was: ◦Ducks (no bidder auctions) – 26% ◦Lone Rangers (1 bidder auctions) – 16% ◦Norms (2-3 bidder auctions) – 32% ◦Volcanoes [...]
Bidders ease back, but plenty of transactions happening Off-market

Bidders ease back, but plenty of transactions happening Off-market

At 6.00 pm on Saturday the James Clearance Rate for Melbourne’s $M+ property was 75% on the 36 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement, was 1.6 –  which is down somewhat on this year’s average. In terms of bidder demand at auctions, the breakdown was: Ducks (no bidder auctions) – 31% Lone [...]
The market heat is inching back into the red zone!

The market heat is inching back into the red zone!

At 6.00 pm on Saturday the James Clearance Rate for Melbourne’s $M+ property was 69% on the 42 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement, was 2. In terms of bidder demand at auctions, the breakdown was: Ducks (no bidder auctions) – 27% Lone Rangers (1 bidder auctions) – 11% Norms (2-3 bidder auctions) – [...]
$M+ Market is up 10% on last year – a fairly unanimous opinion.

$M+ Market is up 10% on last year – a fairly unanimous opinion.

At 6.00 pm on Saturday the James Clearance Rate for Melbourne’s $M+ property was 67% on the 36 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement, was 1.8. In terms of bidder demand at auctions, the breakdown was: Ducks (no bidder auctions) – 31% Lone Rangers (1 bidder auctions) – 6% Norms (2-3 bidder auctions) – [...]
A little bit of a lull in exciting homes.

A little bit of a lull in exciting homes.

At 6.00 pm on Saturday the James Clearance Rate for Melbourne’s $M+ property was 66% on the 32 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement, was 2.2. In terms of bidder demand at auctions, the breakdown was: Ducks (no bidder auctions) – 20% Lone Rangers (1 bidder auctions) – 20% Norms (2-3 bidder auctions) [...]
Back after a spell and it’s steady as she goes

Back after a spell and it’s steady as she goes

At 6.00 pm on Saturday the James Clearance Rate for Melbourne’s $M+ property was 63% on the 30 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement, was 1.9. Market Summary Welcome back after the Easter break. Wow! What a finish we saw to the market pre Easter – it was strong in numbers on all [...]
This market continues to be very, very strong.

This market continues to be very, very strong.

At 6.00 pm on Saturday the James Clearance Rate for Melbourne’s $M+ property was 70% on the 37 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement, was 2.3. Bidderman is really the best measurement of demand going round and it seems to be steady this year, having risen significantly from last year. It [...]
Lets look at the $3m+ – how is it going?

Lets look at the $3m+ – how is it going?

At 6.00 pm on Saturday the James Clearance Rate for Melbourne’s $M+ property was 56% on the 34 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement, was 1.8. Both these stats were down on last week and ducks (no bidder auctions) were up. But given the early REIV Clearance rate was still [...]
Depth of demand holds up on another weekend of big numbers.

Depth of demand holds up on another weekend of big numbers.

At 6.00 pm the James Clearance Rate for Melbournes $M+ was 65% and The Weekly Review Bidderman, our bidders per auction measurement, was a solid 2.2. Last weekend we reported a strong start for our first Super Saturday, with Bidderman a very healthy 2.2 bidders per auction on big numbers of stock on offer with almost everywhere [...]
So how did the market start?

So how did the market start?

At 6.00 pm the James Clearance Rate was 66% and Bidderman, our bidders per auction measurement, was 2.2. Well, here we are knee-deep in the thick of it. This was a borderline Super Saturday, as is early next week, meaning we have around 150 scheduled Million Dollar plus auctions in Inner East and Bayside. We say borderline [...]
Season Opener: February 16 – a quiet start to the year, but there are a couple of big weeks around the corner

Season Opener: February 16 – a quiet start to the year, but there are a couple of big weeks around the corner

Hey, isn’t it good to be back in amongst it in 2013! So far the anecdotal evidence is indicating the market is starting with a bit of a bang. Enquiry is up, the number of buyers through most opens is up, agents’ mood is up (compared to this time last year) and some of the [...]
Overall a Good Finish to the Year 2012!

Overall a Good Finish to the Year 2012!

At 6pm on Saturday, the James Clearance Rate for $M+ was 58% on the 31 auctions we attended. The Weekly Review Bidderman, our demand indicator, was 2 bidders per auction. Today was back to a little quieter in terms of clearance rates, but there were some very strong results in terms of bidder numbers. Overall [...]
The bounce is continuing in the later spring market.

The bounce is continuing in the later spring market.

At 6pm on Saturday, the James Clearance Rate for $M+ was 75% on the 28 auctions we attended. The Weekly Review Bidderman, our demand indicator, was 2 bidders per auction. Both those stats indicate that the bounce was back in the market this week, after last week’s more subdued market. $M+ Clearance Rates: Boroondara – 88% on [...]

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