Residential Auction Annual Review 2016
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Vendor Analysis

The proportion of distressed stock offered at our sales has fallen from around a quarter in 2015 to 16% in 2016. This is consistent with a healthier economic climate and a sustained low interest rate environment.

Over 41% of lots were contributed by property companies, by far the most prominent vendor class, realising almost £216m in sales revenue Рalmost half the total for the year. The private investor continued to contribute a quarter of all lots to the sales. With a third of sales coming from these sources, it is apparent that confidence in property trading, and auctions in particular, remained robust.