Auction House Quarter 1 and Market Trends Video

The first quarter of 2013 has been a record one for Auction House. In 31 auctions in 28 regional auction houses, the company sold 443 lots out of a total of 549 under the hammer. This is a success rate of 81 per cent. These lots raised a combined total of £46.4 million, 18 per cent up on 2012.

During the course of this record-breaking quarter, Auction House has noticed three major trends in the auction sector;

• Confidence – there are definite signs of growing confidence in the market among investors
• Popularity – selling at auction is increasingly seen as the method of choice for residential sellers and this trend is also reflected in the growing number of commercial lots appearing at auction
• Selling Regionally – sellers are realising that regional auctions are the best way to achieve results.

Below you will find a short video summarising the findings of Auction House’s year so far.

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