Auction market predicted to rise despite ‘seasonally weak’ sales months ahead

Australia’s auction market is “seasonally weak” during June and July but the market has recovered quite a lot and sales could be expected to rise this year, says REA Group Senior Economist Paul Ryan. “I think there’s a lot of sellers that maybe would have listed their property earlier in the year that now are going to bring their properties to market in June or July,” Mr Ryan told Sky News Australia. “I’m kind of expecting more sales than usual over the coming months.” In partnership with realestate.com.au.