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.
It is extremely positive to see such buoyancy across the auctioneering profession, with people becoming ever more attracted to how streamlined the process is in terms of overall speed and efficiency. Consumer habits have changed vastly since the inception of smart technology, and it’s fantastic to see compelling figures regarding online interaction and functionality.
With regards to property specific auctioneering, we are about to embark on a wide-scale government consultation, which, in time, is hoped will bring greater levels of digitalisation and productivity within the home buying and selling process, with the profession well placed to swiftly move forwards with such evolution.
Despite an uneven year for the economy, it remains extremely upbeat to see the auctioneering profession forging forward. Continued investment in new technology has helped transform how people interact with auctioneers and helped generate new growth opportunities. “Although anxieties regarding potential taxation specific to property loom for many consumers ahead of the Autumn Budget, it remains pleasing to see that over half of those responding to our quarterly survey feel that the number of lots across the third quarter of 2025 had shown positive headway.
As we head towards the first half of 2026, there is widespread optimism we may see inflation nudge down towards the Bank of England target rate of 2%, and should this become a reality, it will prove enormously beneficial in terms of affordability and enhanced market confidence.
