Auction market slumps 59.7% in 1H2023, lowest sales value in three years: Edmund Tie
The auction market has experienced a significant 59.7% decline in the first half of 2023, resulting in the lowest sales value observed in the past three years, according to property consultancy firm Edmund Tie. This downturn suggests a challenging period for the property sector as the industry grapples with various economic factors and market uncertainties.