This report is based on responses to a survey of Propertymark member agents. Analysis is based on data provided by around 30 agents across the UK and a variety of third-party data including data from the Bank of England, ONS and HM Land Registry.
“As the year began, there was quiet confidence within the economy, though global uncertainty tempered sentiment and prompted many consumers and investors to apply caution.
“While inflation fluctuated during the period surveyed, the stability of the Bank of England base rate did provide a level of reassurance for many. “Looking ahead, it is hoped the global economy will further settle, helping better provision the housing market for potential growth and provide enhanced opportunity for those who chose to buy and sell within the auctioneering ecosystem.”
“While the year began with confidence, global economic uncertainty has led to more cautious investment and consumer spending. Despite these challenges, the profession has remained resilient during this period.
“Encouragingly, 80% of members surveyed said the number of lots achieving their reserve price stayed the same or increased in Q1 2026, demonstrating the ability of auctioneering to deliver strong results even in uncertain conditions.
“With continued investment in technology and digital innovation, the profession is well positioned for sustainable growth. There has also been enhanced initiatives to connect with younger demographics and ensure they grow into the concept of considering auctioneer as a tempting route for both purchase and sale.”
