The scene will soon be set | The Real Estate Wrap with Leanne Pilkington
Welcome to this week’s Real Estate Wrap with Leanne Pilkington. With Easter behind us and the Federal election looming, the market enters a strange period of intermission. There’s every chance that the next three weeks will be fairly subdued in terms of new listings and we think current campaigns will play out in a steady, predictable way.
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Hi and Happy Easter! Just gone! So we are here for the Real Estate Wrap for the week commencing the 22nd of April.
As you would imagine, it was a pretty quiet weekend from an auction perspective. In fact, it was the quietest auction weekend since Easter 2012. Sydney had the highest number of auctions on Saturday.
213 with a preliminary clearance rate of 57.1% So at 213 auctions, not a lot really to talk about but clearance rates have remained pretty stable throughout 2019.
The reality is we are now in the middle of that Easter-Anzac weekend. Probably next weekend is not going to be that much busier, but we’ll see.
We’ve got the election coming up in May and that’s really what all the conversation is about. Labor, Liberal, what’s it going to mean for changes to negative gearing. There’s a lot of conversations going on right now. So, who knows?
Anyway for more information, just click on the Real Estate Wrap, and I’ll look forward to catching up with you next week. Bye.