Big jump in activity at Barfoot & Thompson's latest auctions

There was a significant increase in activity at Barfoot & Thompson's latest auctions as the market moved up a gear as it heads towards summer. Auckland's biggest real estate agency offered 150 residential properties at its latest auctions (12-18 November), up from 105 the previous week, and around double the number it was typically offering at its auctions a few weeks ago. There was also a corresponding increase in the number of properties that sold, with 40 selling under the hammer at the latest auctions, up from 28 the previous week. However that left the overall sales rate at 27%, unchanged from the previous week. Details of the individual properties offered at all of the auctions around the country monitored by interest.co.nz, including the prices achieved on those that sold, are available on our Residential Auction Results page.