Essential Auction News
Welcome to the August newsletter that looks back at auction activity in July and preceding periods.
Overall Statistics - August 2018
Auctions Held in the UK 132
Total Lots Offered 3,555
Total Lots Sold 2,578
Percent Sold 72.5%
Total Realised £473,142,367
National Auction Analysis
Residential lots offered and sold fell by 4.8% and 8.2% respectively, whilst total raised dropped £18M to £309M - down 8.3%. The commercial market saw an increase in lots offered; up 5.7% to 743 lots, but sales dipped by 2.2% and revenues fell 13.5% to £164M.
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.