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dc.contributor.authorEves, Chris
dc.date.accessioned2011-04-18T02:53:44Z
dc.date.available2011-04-18T02:53:44Z
dc.date.issued2006
dc.identifier.urihttps://hdl.handle.net/10182/3458
dc.descriptionEves, C. (2006). Residential sales by auction : a property type or geographic consideration. Presented at the 13th Annual European Real Estate Society Conference, 7-10 June 2006. Bauhaus University, Weimar: European Real Estate Society.en
dc.description.abstractThe sale of residential property by auction is a preferred sale method by real estate agents, but not always preferred by some vendors and most residential property buyers. In many residential property markets, the performance and measure of residential property market activity is based on the number of properties offered for sale by auction, auction clearance rates and the number of properties sold prior to auction. However, in many specific residential property markets, sale by auction may not be the preferred or supported method of sale. This paper will review the type of residential property sale within the Sydney residential property market and track the auction sales and clearance rates for Sydney over the past 5 months and compare these results in relation to clearance rates, passed in sales, and properties sold prior to auction This will provide a breakdown of real estate agency sale practice over a large metropolitan region to determine the impact of geographic location and socioeconomic factors on the auction of residential property. In addition the paper will analyse the weekly auction sales in the Sydney residential property market to determine what areas of Sydney have the greatest number of house auctions and the performance of the auctions in relation location and socio economic factors.en
dc.language.isoenen
dc.publisherLincoln University.en
dc.rightsCopyright © The Authoren
dc.subjectresidential propertyen
dc.subjecthouse salesen
dc.subjectauction salesen
dc.subjectprivate treaty salesen
dc.subjectsocio-economic influencesen
dc.subjectresidential property sectorsen
dc.titleResidential sales by auction: a property type or geographic considerationen
dc.typeConference Contribution - Publisheden
lu.contributor.unitDepartment of Agricultural Management and Property Studiesen
dc.subject.anzsrc140218 Urban and Regional Economicsen
dc.subject.anzsrc150403 Real Estate and Valuation Servicesen
lu.subtypeConference Paper


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