House Auction Prices - Now could be the time to bag a bargain!

publication date: Nov 17, 2010
author/source: Kate Faulkner, Property Expert and Author of Which? Property Books

House Auction Prices

Now could be the time to bag a bargain!

September's activity is in stark contrast to the lack of lots and sales offered in August and since April. September shows the number of lots offered was up versus last year.

As always with auctions, the data shows that as the 'general' market quietens and the media reports suggest falling house prices, auctions are the place to be as the number of properties available goes up while the prices they will sell at typically go down. This is shown in September's figures.

For a detailed analysis of the Property Auction Market READ HERE and in the Property Investment Update

If you're thinking of buying or selling a property at auction, then take a look at Buying or Selling at Auction Top Five Tips.


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