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Another weekend of over 90% clearance across the Jellis Craig network, slightly above the Victorian rate of 86% for a very healthy volume of 903 scheduled auctions. After Labour Day we have three clear weekends to auction until Easter, hence why we’re seeing a healthy amount of stock hitting the market last week, this week […]Read more “A Momentum Game…”
Last week was eye opening. I’ve seen strong auction weekends before. February 2020 was strong. In 2016 and 2017 we saw a strong run with reserves being smashed week after week. But I’ve never seen anything like this. I couldn’t believe it as the following sales unfolded before my eyes in within 24 hours over […]Read more “$600k Above Reserve… X 4”
There’s a lot of momentum in the market right now and a five day lockdown isn’t about to stop that. If the lockdown is extended though it’s going to become a scheduling issue, first and foremost, with auctions and opens being delayed until we have the all clear. Interestingly, the clearance rate for last weekend, […]Read more “What Was The Impact of This Latest Lockdown?”
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