With the start of the auction calendar now upon us we are finally seeing a significant if not a still reduced number of auctions being conducted.

A 53% clearance rate was achieved on the weekend which shows that the rate hasn’t jumped back to the heights of 2017 just yet.

I believe as the year wears on and we truly come out the other side of the Royal Commission we will start to see an increase in the clearance rate.

I still see the apartment market being a little softer than we would like but the off the plan and house and land packages haven’t recovered at all just yet as they seem to be the section of the market bearing the brunt of the banks changes to lending practices.

Now more than ever getting good independent advice is imperative before buying a property.