National Auction Results July 25th 2020

The following auction results around Australia were reported by Domain on the 25th of July.

Sydney 64%

Melbourne 45%

Adelaide 67%

Brisbane 52%

Canberra 89%

Auction results took a hit on in all states except for Brisbane which was steady. Sydney only slipped down 1% compared to the month before. The virus numbers and lockdown in Melbourne must have contributed to its poor result - it is down 15% from a previous 60%. Adelaide is down 5% while Canberra is down 16% but from a very high result of 89% last month.

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RBA August 2020 Decision - Interest Rates Maintained

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RBA July 2020 Decision - Interest Rates Maintained