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Grounds Auction Wrap

By Georgia Holland

The Ray White Group celebrated the winter solstice this weekend with 163 auctions booked across the country, with buyers rugged up and out in force. We had 452 auctions scheduled across Australia and New Zealand and more than 9600 people attended in total.

Ray White NSW Chief Auctioneer Alex Pattaro said there appeared to be increasing auction attendance week on week, and he also highlighted the stock shortage. “Stock levels are in the spotlight, with significantly lower stock levels than this time last year,” Mr Pattaro said. Ray White Sydney Metro network booked a 67 per cent preliminary clearance while Sydney Blue cleared 60 per cent. Across Australia Ray White auctions attracted an above average number of registered bidders per auction at 3.8 bidders.

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