Hundreds of people passed through the Harcourts Gold Papanui auction house on December 3, 2020, as the city's property market continues to heat up. Stuff Auction activity and clearance rates are being keenly observed. Auction clearance rates had normalised from particularly high rates, he said. Data from Ray White New Zealand showed its auction clearance rates also remained strong. Supplied/Supplied Auction clearance rates have normalised from particularly high rates, Harcourts’ Aaron Davis says.

Source: Stuff April 29, 2021 03:33 UTC