The UK property auction market has continued its strong start to 2026, with activity levels and buyer demand remaining resilient despite wider economic uncertainty, according to the latest data from the Essential Information Group (EIG).

February 2026 saw 4,534 lots offered nationally, up 6.7% year-on-year, while the number of lots sold increased 6.2% to 3,274. The overall success rate remained stable at 72.2%, only slightly below the 72.6% recorded a year earlier.

Total funds raised reached £645.3m during the month, although this represented a slight 2.4% decline compared with February 2025, suggesting some softening in average sale prices.

Residential property continued to drive market activity, while commercial auctions also strengthened, with higher sales volumes and improved success rates reported across several regions.

David Sandeman, Managing Director at Essential Information Group, said: “Overall, auction activity continues to run ahead of last year across most parts of the UK, particularly within the residential sector. However, the continued increase in stock entering the market is placing pressure on success rates, as higher levels of available stock give buyers greater choice.”

The figures suggest that while parts of the wider housing market remain subdued, auctions continue to benefit from motivated sellers, cash buyers and investors seeking discounted opportunities and stronger yields.