
Martin North
25.1K posts

Martin North
@DFA_Analyst
Finance Sector Analyst and Principal Digital Finance Analytics














Auction results - Sold To Listed - Sydney 32.4% (29.9% last weekend) - Melbourne 37.6% (35.9%) Sydney a strong bounce, but on far lower volumes and still to a very historically low levels. Auction volumes have a little under halved in Sydney since this time in June. Weaker volumes on seasonality is to be expected, but not quite to this degree. Melbourne a bounce from the near historic lows also with volumes remaining low. I suspect both markets may continue to bounce around within this weak range until spring, when if historic norms are in place, much higher volumes will test both markets. Ultimately, both markets remain in a zone of major price falls. Methodology in graphic below. #AvidAuctions


















