The autumn breezes have well and truly blown through the real estate auction rooms, with the number of properties offered at the latest auctions more than halved from the summer peak. Interest.co.nz monitored 144 residential property auctions around the country over the week from April 8-14, down from around 300 a week at the peak of the summer selling season in March. Of the 144 properties offered at the latest auctions, 42 were sold under the hammer, giving an overall sales rate of 29%, down slightly from 33% the previous week. Overall auction sales rates have hovered at around a third for most of this year. Details of the individual properties offered at all of the auctions monitored by interest.co.nz, including the selling prices and rating valuations of those that sold, are available on our Residential Auction Results page.
