Sign in to follow this  
Followers 0
staringclown

Auction clearance rates in Sydney, Melbourne based on incomplete data

4 posts in this topic

Dr Ando's BS called... Auction clearance rates in Sydney, Melbourne based on incomplete data

 

 

 

The verdict

Mr Bayley says auction clearance rates aren't transparent, real or representative of what happens at auctions on any given day. APM does not include a significant number of auctions in its calculation of clearance rates, nor does it include this number in its results reports, although it publishes the number of total listings the previous week. RP Data includes the number of total listings in its reports but does not use it when it calculates its clearance rates.

Mr Bayley's claim checks out.

 

Share this post


Link to post
Share on other sites

This will only get worse... then it blows out into comic proportions causing people to lose all faith in the info whatsoever.   And that is an interesting issue....When The Institutes that publish crap become known for publishing crap thats when the bottom really falls out.

Dr Anthony would not be sleeping well, these nights.

 

 

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!


Register a new account

Sign in

Already have an account? Sign in here.


Sign In Now
Sign in to follow this  
Followers 0