So says the spruikers at the REIV:
The final auction results for week ending 9 August 2020 from 89 per cent results collected by the REIV.
For the latest updates, visit REIV Market Insights. https://t.co/6pIlgiUMMD#melbre #auction #realestate #reiv #reivmarketinsights pic.twitter.com/4gT3p50gXR
— REIV (@REIVictoria) August 12, 2020
Not so says CoreLogic, whose final auction clearance report recorded a clearance rate of 63.7% for Melbourne and 58.4% nationally:
SQM Research’s final clearance rate was even weaker at just 45.5% for Melbourne, well down on the pre-COVID high of nearly 70%:
Accordingly, Louis Christopher ridiculed the result:
Not even remotely reflective of reality. Sad to see. https://t.co/nLmLwAuuUh
— Louis Christopher (@LouiChristopher) August 12, 2020
Reader responses are also hilarious:
— Tim Maggs (@atTimMaggs) August 12, 2020
— CSM (@shutupandbuy) August 12, 2020
— sirhc 🌽👨🌾🔴⭕ (@redartsirhc) August 12, 2020
— George P (@petrovic_george) August 12, 2020
Nice try REIV.