COVID-19 was not enough to stop the Real Estate Institute of Victoria from their Auction Competitions proceeding in 2020. This will be the first time the event is to be held online.
Auctions are expected to see volumes continue to either be withdrawn or revert to private treaty sales until conditions improve, according to CoreLogic
Auction clearance rate at 51.4 per cent nationally
It was the first Saturday where real estate agents worked hard to adapt to the new regulations set by the Government of no open homes or on-site auctions.