AUCTION UPDATE: Residential sales up but success rate falls
1 Articles
1 Articles
AUCTION UPDATE: Residential sales up but success rate falls
March 2025 saw a modest uplift in auction activity, but softer sales rates and a widening regional divide paint a mixed picture of market momentum. According to the latest data from Essential Information Group (EIG), the number of residential lots offered at auction rose by 7.8% year-on-year in March, driven in part by the traditional end-of-year surge to finalise transactions. However, this increase in supply did not translate into more sales. …
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