{"id":5713,"date":"2025-04-22T12:30:31","date_gmt":"2025-04-22T02:30:31","guid":{"rendered":"https:\/\/lsre.com.au\/granville\/the-real-estate-wrap-22-april-2025\/"},"modified":"2025-04-22T12:30:31","modified_gmt":"2025-04-22T02:30:31","slug":"the-real-estate-wrap-22-april-2025","status":"publish","type":"post","link":"https:\/\/lsre.com.au\/granville\/market-news\/the-real-estate-wrap-22-april-2025\/","title":{"rendered":"Real Estate Wrap with Leanne Pilkington | 22 April 2025"},"content":{"rendered":"<p><iframe loading=\"lazy\" title=\"The Real Estate Wrap \u2013 Week Commencing 22nd April 2025\" width=\"1080\" height=\"608\" src=\"https:\/\/www.youtube.com\/embed\/FwwdKbPeiW8?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<h2>Real Estate Wrap with Leanne Pilkington<\/h2>\n<p>Welcome to this week\u2019s Real Estate Wrap with <a href=\"https:\/\/lsre.com.au\/agents\/leanne-pilkington\/\">Leanne Pilkington, CEO of Laing+Simmons<\/a> and <a href=\"https:\/\/reia.com.au\/about\/our-board\/\">President of the Real Estate Institute of Australia<\/a>.<\/p>\n<p>Easter weekend saw a quieter real estate market in NSW, with auction volumes taking the expected holiday dip.<\/p>\n<p>Key highlights:<\/p>\n<ul>\n<li data-start=\"584\" data-end=\"717\">\u00a0Just 358 auctions were held over the weekend, down from 1,282 the week prior, reflecting the annual Easter lull.<\/li>\n<li data-start=\"720\" data-end=\"837\">Preliminary clearance rate sits at 69%, continuing a 5-week trend under the 70% mark.<\/li>\n<li data-start=\"840\" data-end=\"967\"><strong data-start=\"840\" data-end=\"860\">Standout Suburbs<\/strong>: Inner South-West Sydney saw a stellar 92% clearance rate, while North Sydney &amp; Hornsby dipped to just 7%.<\/li>\n<li><strong>Regional results:<\/strong>\n<ul>\n<li>Central Coast: 1\/4<\/li>\n<li>Blue Mountains: 4\/6<\/li>\n<li>Newcastle: 7\/19<\/li>\n<li>Illawarra: 3\/6<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>While the market took a breather, there&#8217;s optimism that activity will lift post-Easter\u2014though it may not fully bounce back to pre-holiday levels until spring. The seasonal shift always plays a big role, but so do buyer sentiment and supply levels.<\/p>\n<p>Stay informed with our weekly updates.<\/p>\n<p><strong>Transcript: <\/strong><\/p>\n<p>Hey everyone, Leanne Pilkington with you for the Real Estate Wrap, week ending April 21. Hope you all had a wonderful long weekend. How fast did it go? My goodness, can&#8217;t even believe it. Anyway, this weekend, 358 properties went up for auction. Now that compares to last Easter, it was 414. So a little bit lower than last Easter. 67.9% preliminary clearance rate, which is a little better than last week. However, it&#8217;s the fifth week in row of sub 70% prelim clearances. Last weekend, 1,282 properties at a final clearance rate of 58.5%. Same weekend last year, which was not Easter. 602 properties at 65.1% clearance rate. On the Central Coast, one from four. Blue Mountains, four from six. Newcastle, seven from 19. And Illawarra, three from six. Our highest clearance rate was 92% in the inner southwest, which is awesome. Lowest across Sydney was 55.7%, which was North Sydney and Hornsby. Now we expect that post -Easter activity will increase, but the post -Easter activity is never as much as a pre -Easter activity until we get to spring. So it&#8217;ll be interesting to see if this year&#8217;s same. Have a wonderful week. Another short one. See you next week. Bye.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Real Estate Wrap with Leanne Pilkington Welcome to this week\u2019s Real Estate Wrap with Leanne Pilkington, CEO of Laing+Simmons and President of the Real Estate Institute of Australia. Easter weekend&#8230;<\/p>\n","protected":false},"author":485,"featured_media":5714,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"_acf_changed":false,"footnotes":""},"categories":[20],"tags":[],"class_list":["post-5713","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-market-news","post_format-post-format-video"],"acf":[],"_links":{"self":[{"href":"https:\/\/lsre.com.au\/granville\/wp-json\/wp\/v2\/posts\/5713","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=5713"}],"version-history":[{"count":0,"href":"https:\/\/lsre.com.au\/granville\/wp-json\/wp\/v2\/posts\/5713\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lsre.com.au\/granville\/wp-json\/wp\/v2\/media\/5714"}],"wp:attachment":[{"href":"https:\/\/lsre.com.au\/granville\/wp-json\/wp\/v2\/media?parent=5713"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lsre.com.au\/granville\/wp-json\/wp\/v2\/categories?post=5713"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lsre.com.au\/granville\/wp-json\/wp\/v2\/tags?post=5713"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}