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National Auction Market Preview – 27 August, 2017

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Auction activity is expected to see a slight increase this week across the combined capital cities, with 2,086 properties scheduled to go to auction, up from last week’s final of 2,064 auctions held.
 
Volumes have remained relatively steady throughout most of July-August, and have continually tracked higher each week when compared to the equivalent week’s last year, however while volumes are to increase this week, this will be the first week since early May where volumes are expected to be lower than what was seen one year ago, with results from last year reporting a slightly higher 2,153 auctions held. 

Across Melbourne and Sydney, the number of properties scheduled to go to auction this week is set to be…



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