Essential Auction News
Welcome to the November newsletter that looks back at auction activity in October and preceding periods
Overall Statistics - October 2018
Auctions Held in the UK 117
Total Lots Offered 3,437
Total Lots Sold 2,487
Percent Sold 72.4%
Total Realised £481,252,178
National Auction Analysis
The residential market saw lots offered fall from 2,788 lots in October 17 to 2,687 lots in October 18, a 3.6% drop, whilst total residential revenues fell by 7.3% to £275.1M.
In the same period the commercial market saw a 12.2% drop in lots offered, from 854 lots to 750 lots, but commercial revenues fell by an alarming 26.6%, to £206.2M.
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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.
David Sandeman - Managing Director, EIG
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By Beth Fox