{"id":5596,"date":"2024-09-16T15:38:38","date_gmt":"2024-09-16T05:38:38","guid":{"rendered":"https:\/\/lsre.com.au\/granville\/?p=5596"},"modified":"2024-09-16T15:38:38","modified_gmt":"2024-09-16T05:38:38","slug":"the-real-estate-wrap-16sept2024","status":"publish","type":"post","link":"https:\/\/lsre.com.au\/granville\/videos\/the-real-estate-wrap-16sept2024\/","title":{"rendered":"Busiest Auction Week Since Easter | The Real Estate Wrap with Leanne Pilkington"},"content":{"rendered":"<p><iframe loading=\"lazy\" title=\"The Real Estate Wrap \u2013 Week Commencing 16th September 2024\" width=\"1080\" height=\"608\" src=\"https:\/\/www.youtube.com\/embed\/yohZhj5prOc?feature=oembed&#038;modestbranding=1&#038;showinfo=0&#038;rel=0\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<h3>Welcome to this week\u2019s Real Estate Wrap with <a href=\"https:\/\/lsre.com.au\/agents\/leanne-pilkington\/\">Leanne Pilkington<\/a>, CEO of Laing+Simmons and <a href=\"https:\/\/reia.com.au\/about\/our-board\/\">President of the Real Estate Institute of Australia<\/a>.<\/h3>\n<p>This week has seen a notable uptick in auction activity, providing key insights for property buyers, sellers, and investors navigating the current market. Here are the highlights:<\/p>\n<ul>\n<li><strong>Busiest Auction Week Since Easter<\/strong>: With 864 auctions in Sydney and a 70.6% preliminary clearance rate, auction volumes are up 16.2% from last week, showing strong buyer and seller confidence.<\/li>\n<li><strong>Next Week&#8217;s Surge<\/strong>: Sydney is set to host 918 auctions, a further 18.3% increase, and nationally, 2,800 homes will go under the hammer.<\/li>\n<li><strong>Regional Performance<\/strong>: Central Coast saw a clearance rate of 61.5%, Newcastle 76.2%, and the Blue Mountains a solid 84.6%, while Sydney\u2019s Inner Southwest boasted the highest clearance at 83.3%.<\/li>\n<\/ul>\n<p><strong>Transcript<\/strong><\/p>\n<p>Hey everyone Leanne Pilkington with you for the Real Estate Wrap, the week ending the 15th of September. This weekend across Sydney we had 864 properties go for auction with a preliminary clearance rate of 70.6%. Last week it was 776 properties 65.9% clearance rate, and same time last year 927 with a 67.3% clearance rate. This week&#8217;s the busiest auction weekend across the country that we&#8217;ve seen since Easter, and we are certainly &#8211; in Sydney &#8211; expecting a significant increase in auction numbers next weekend and the weekend after in the lead-up to the October Labor Day long weekend. Central Coast we had 21 properties with a preliminary clearance rate of 61.5%, the mountains 17 at 84.6% &#8211; nice going, Newcastle 24 at 76.2%, and Illawarra 20 at 64.7% preliminary clearance. Our highest clearance rate across Sydney this weekend 83.3% in the inner Southwest, we also saw above 80% in Sutherland, our lowest was 43.8% in Baulkham Hills and the Hawkesbury. Have an awesome week, I&#8217;ll see you next week, bye.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Welcome to this week\u2019s Real Estate Wrap with Leanne Pilkington, CEO of Laing+Simmons and President of the Real Estate Institute of Australia. This week has seen a notable uptick in&#8230;<\/p>\n","protected":false},"author":485,"featured_media":5598,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"_acf_changed":false,"footnotes":""},"categories":[17,21,20,16,4312],"tags":[],"class_list":["post-5596","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-buying","category-investors","category-market-news","category-selling","category-videos","post_format-post-format-video"],"acf":[],"_links":{"self":[{"href":"https:\/\/lsre.com.au\/granville\/wp-json\/wp\/v2\/posts\/5596","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lsre.com.au\/granville\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lsre.com.au\/granville\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lsre.com.au\/granville\/wp-json\/wp\/v2\/users\/485"}],"replies":[{"embeddable":true,"href":"https:\/\/lsre.com.au\/granville\/wp-json\/wp\/v2\/comments?post=5596"}],"version-history":[{"count":1,"href":"https:\/\/lsre.com.au\/granville\/wp-json\/wp\/v2\/posts\/5596\/revisions"}],"predecessor-version":[{"id":5597,"href":"https:\/\/lsre.com.au\/granville\/wp-json\/wp\/v2\/posts\/5596\/revisions\/5597"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lsre.com.au\/granville\/wp-json\/wp\/v2\/media\/5598"}],"wp:attachment":[{"href":"https:\/\/lsre.com.au\/granville\/wp-json\/wp\/v2\/media?parent=5596"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lsre.com.au\/granville\/wp-json\/wp\/v2\/categories?post=5596"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lsre.com.au\/granville\/wp-json\/wp\/v2\/tags?post=5596"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}