Property Auction Listings Could Rise 10% In 2020 Due To Coronavirus Outbreak



Last year, we had seen a 34% year on year increased in the number of auction listings to 1458 as both owner and mortgagee listings rise.  This increase is mainly driven by residential sector, with mortgagee listings rising by 59.1%.  This year, with the worsening of the coronavirus outbreak, Colliers International expects a 10% rise in the property auction listings.


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