A chill wind has blown through the auction rooms, with the number of residential properties going under the hammer at the latest auctions (3-9 June) dropping to 157. That's down from 185 the previous week and 192 the week before that. However while fewer properties were offered at the latest auctions, there was almost no change in the number that sold, with 63 selling under the hammer at the latest auctions, almost unchanged from 64 the previous week. That pushed the latest sales rate up to 40% from 35% the previous week. The 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.
