Chart of the Day: Auction listings down 3% QoQ in Q1

The seasonal lull from the New Year led to the decline.

As auction events were postponed during the holiday season, auction listings declined 3% quarter-on-quarter in the first quarter of 2023.

This chart from Knight Frank showed that listings were about 96 which includes repeat listings and excluding sold properties outside auction.

“Nevertheless, owner listings continued to outnumber mortgagee listings, a trend that started from Q2 2022,” said Knight Frank.

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