Auction market strengthens in March as sales and values rise
Original Article Summary
The data reflects a broader shift in the role of auctions within the market, says Propertymark
PropMatch Curated Analysis
UK property auction activity surged 20.3% in March with £559m raised, driven by residential sales and indicating auctions are becoming mainstream acquisition routes. Potential wave of landlord disposals expected in April ahead of Renters' Rights Act implementation.
Investor Relevance
Signals strong acquisition opportunities through auctions with reduced competition risk, provides timing intelligence for portfolio expansion, and highlights potential increased supply from landlord exits before new regulations take effect.
Original Source:
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