"sellers are unlikely to have their price expectations exceeded, even when the home is sold."
price expectations exceeded????
I would have thought sellers would be happy with the price they expected.
Saturday 18th June 2011
The clearance from this weekends 598 auctions is 54 per cent. This shows that in all except a few circumstances buyers continue to be cautious when bidding and sellers are unlikely to have their price expectations exceeded, even when the home is sold.
Of the 598 auctions reported a total of 321 sold and 277 were passed in, 194 of those on a vendors bid.
This weekend last year saw a clearance rate of 68 per cent.
Next weekend another 670 auctions are expected.
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- reiv full of bullish
reiv full of bullish
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