Quick Take

This is the second week in a row of Super Saturday auction volumes and the highest number recorded since March 2018.

Palm Beach in Florida, that is. It comes with a laundry list of luxuries, but new owners will probably need to have a fairly insouciant attitude towards the prospect of rising sea levels.

This Super Saturday of auction volumes will test seller price expectations and buyer depth.

The growth in auction listings is continuing with 2517 auctions scheduled across the capitals this week.

There are 2389 scheduled auctions across the capital cities this Saturday. Brisbane is set for its busiest auction week of the year with 148 scheduled.

Nationally, the combined auction volume has grown by 18.4 per cent compared to last week. Taking into account postponed auctions due to lockdowns, this will be the busiest week since May 8.

For the first time more than two months,Melbourne will enter this Saturday with the ability to conduct in-person auctions.

For the first time in months, Sydney and Canberra will enter this Saturday with the ability to conduct in-person auctions.

Last Saturday, all cities returned a clearance rate above 80 per cent. A milestone in itself, this is the first time it has occurred in 2021.

Sellers are reacting positivity to roadmaps out of lockdown and the resumption of private inspections in Melbourne and Canberra.