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AAP
AAP
Business
Kaaren Morrissey

Best home auction weekend since late May

This weekend's auctions could be a test of buyer appetite after Tuesday's interest rate rise. (Lukas Coch/AAP PHOTOS) (AAP)

The cost of mortgages is on the way up again, but that hasn't put a dampener on the auction market which is entering its biggest weekend since the central bank began hiking interest rates eight months ago.

According to CoreLogic, almost 3000 homes are up for auction across the nation's capital cities, equating to a rise of 7.2 per cent from the previous weekend when around 2500 homes went under the hammer.

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