Real Estate Alliance, the national property group, who held the first National Property Auction in April 2010, has announced that they are deferring their next National Property Auction until Spring 2011. In a statement, the group point out that "the current economic climate is not conducive for such an auction".
The Real Estate Alliance group have extensive knowledge of the market and have concluded that "the time is not right due to a myriad of reasons from the upcoming budget to availability of suitability properties.
