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Capital city auction activity is set to rise 7.5% this week, with 3,186 homes currently scheduled for auction.

Auction activity is set to ease across the combined capitals this week ahead of the festive season.

Australia’s auction markets are off to a slightly slower start this year, with 708 capital city homes scheduled for auction this week.

Capital city auction activity is set to exceed the 3,000 mark for just the second time this year, with 3,133 homes currently scheduled to go

With 3,084 homes scheduled for auction, the combined capitals are set to host their second busiest auction week of the year-to-date.

With 1,519 capital city homes scheduled for auction, this week marks the quietest auction week since the week ending 12 June.

Following an easing in auction activity last week (2,023), CoreLogic is expecting weekly auction numbers to rise 39.2% this week.

Each month CoreLogic Australia’s research team compile a comprehensive summary of the need-to-know market metrics.

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