“The longer-term impact remains uncertain, with potential implications for stock levels, pricing, and overall market activity still to play out over the coming months, although the consistent strength in transaction volumes suggests the market remains well positioned to adapt to changing conditions.”
For Stuart Collar-Brown, president of industry body NAVA Propertymark, the numbers suggest auctions are becoming a more mainstream route to sale, as buyers and sellers increasingly prioritise certainty and quicker completion.
“These latest figures reinforce a clear shift in how property is bought and sold, with auctions now firmly established as a mainstream route rather than a niche or specialist option,” he said. “The market is increasingly driven by certainty over aspiration, with buyers and sellers prioritising speed, transparency and reduced fall-through risk, areas where auctions perform strongly.
“While activity remains resilient, ongoing global economic uncertainty may soften sentiment and temper transaction levels as decision-making becomes more cautious.
“The data also reflects a potential structural shift in landlord behaviour across England specifically. As the Renters’ Rights Act approaches implementation, some landlords are reassessing portfolios, with auctions offering a practical route for the efficient sale, especially of more complex stock.