For a crashing public sale clearance price to equal panic shopping for, simply go to the AFR:
“Panic shopping for is occurring. A bit like bathroom paper it feels,” stated Cate Bakos, purchaser’s agent with Cate Bakos Property. “I had 4 auctions scheduled this Saturday and 5 subsequent Saturday. Now I solely have one on Saturday and one for subsequent week.
“All have both been bought prior or have pending mid-week auctions. These pre-auction gross sales are being triggered by feisty patrons.”