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Auction Watch: a January update

Welcome to Auction Watch, a new feature that looks back at auction activity in the preceding months. The overall information is courtesy of David Sandeman at the Essential Information Group, plus comments elsewhere in the property press. 2017 was very much a year of two halves. In the first half auction sales fell by 5% and revenues by 7% when compared to H1 2016. This can be largely attributed to the huge, unprecedented spike in sales we witnessed in early 2016, when buyers rushed to beat the... Read More >

Recent Articles:

Hard hats seen from above The property market appears unaffected by Brexit Why there is no cause for concern in the foreseeable future
Property auctions are renowned for reflecting the mood of the market in real time - private treaty transactions can take months from initial closure of the deal to exchange of contracts, completion and the eventual reporting in the various Read More >
Auction in progress with auctioneer and gavel Online auctions are an option not an alternative An update from the auction world
Be prepared for the seasonal nonsense from "expert analysts" about the property market "plunging" during August - about as meaningful as saying that Christmas card sale "plummet" in January! The reality is that the reduction in transactions is Read More >

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