January was an extremely quiet month in the property auctions market with just 408 lots offered in 15 auctions held across the UK.
Whilst this was down 17% on last year, David Sandeman, managing director at Essential Information Group (EIG) points out that we cannot draw any meaningful conclusions due to the smaller-than-average sample set.
“Instead it will be all eyes on next month's publication to see if the industry can pick up where it left off in December when auction records were sent tumbling,” he said.
|Overall Statistics January 2017|
|Auctions Held in the UK||15|
|Total Lots Offered||408|
|Total Lots Sold||315|