Essential Auction News
Welcome to the July newsletter that looks back at auction activity in June and preceding periods.
Overall Statistics - July 2018
Auctions Held in the UK 100
Total Lots Offered 2,144
Total Lots Sold 1,498
Percent Sold 69.9%
Total Realised £203,247,444
National Auction Analysis
The whole market endured a difficult June, with double-digit falls seen in lots offered, lots sold and amount raised across both sectors. Notably just 1,281 residential lots sold with a total value of £177M - both down 24% on the respective metrics last year, whilst commercial sales dropped 17.5% to 217 lots, raising in excess of £26M (down 21.2% on June 2017).
A word from the editor:
As ever I would welcome any comments or feedback you may have regarding the newsletter or indeed the wider market in general.
Kind regards,
David Sandeman
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