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Weekly Auction & Sales Results, Market Overview 31/03/2011 (D/M/Y)

Saturday 26th & Sunday 27th March 2011

With around 2700 auctions expected over the next three weekends
conditions shifted slightly in favor of buyers again this weekend with a
clearance rate of 61 per cent reached, down from last weekends 63 per
cent.


There was a total of 827 auctions reported this weekend of which a
total 501 sold and 326 were passed in, 211 of those on a vendors bid.




The result contrasts to this weekend last year when there was 1073 auctions and a clearance rate of 85 per cent. (More On REIV)
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