Analysts say homes ‘sold prior’ to auction are leading to higher prices | WATCH

PHOTO: SOLD prior to Auction

Lockdown and COVID uncertainty has fuelled a large rise in home buyers snapping up properties prior to auction. Known as a ‘sold prior’, analysts say it’s a largely unrecognised market force, but it’s driving property prices to record highs. Subscribe: http://ab.co/1svxLVE