000 00998cab a22001815a 4500
001 L144928
008 080820s2008 xxk f s 000 0 eng d
035 _a(Sirsi) u144928
041 0 _aeng
100 1 _aBinstock, Andrew
245 0 0 _aAuctions face turbulent year
260 _c2008
490 _aProperty Forecast
_v11(6) June 2008, 14-15(2)
520 _aDiscusses the UK auction market and reveals that sales are slipping despite healthy supply, hitting a three year low in March. The successful sales figure dropped to 56% in May. The Land Registry reports a fall in land values and an increase in repossessions should make this a particularly active period for auction sales. The author suggests that sellers need to revise unrealistic aspirations before an increase in sales will be seen and that cash rich investors stand to conclude some good deals in the short term.
651 4 _aUnited Kingdom
_y
690 _aPROPERTY-COMMERCIAL PROPERTY-COMMERCIAL PROPERTY MARKET
942 _n0
999 _c80648
_d80648