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RICS real estate auction statistics first quarter 2007 [electronic resource]

By: Language: English Series: RICS Real Estate Auction Statistics ; First Quarter 2007 Publication details: [S.l.] RICS 2007Subject(s): LOC classification:
  • 380.1 $2 18
Online resources: Summary: Reveals a slowdown in the commercial auction market over the past six months, with 1 038 commercial properties sold at auction in the first quarter of 2007 compared to 1 386 in the third quarter 2006. Interest rate rises are thought to have reduced risk taking behaviour. In terms of residential property, 4 201 properties were sold at auction in the first quarter of 2007, with the greatest activity in northwest England.

Reveals a slowdown in the commercial auction market over the past six months, with 1 038 commercial properties sold at auction in the first quarter of 2007 compared to 1 386 in the third quarter 2006. Interest rate rises are thought to have reduced risk taking behaviour. In terms of residential property, 4 201 properties were sold at auction in the first quarter of 2007, with the greatest activity in northwest England.

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