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Residential property auction sales rate drops to 43%

If real estate auction activity reflected in the auctions monitored by interest.co.nz is any indication, the spring selling season may be off to a lacklustre start

New zealand generalNew zealandNorth shoreAuckland cityResidential auction results

Motivations in the real estate auction rooms shifting

Motivated buyers are meeting motivated sellers in the auction rooms, and are winning more results lower than rating values, especially in Auckland

New zealandNorth shoreResidential auction results

Spring heralds slightly better auction results even if there was little increase in actual auctions

Auction activity level little changed, but spring seems to have brought out more motivated buyers

New zealandBarfoot thompsonResidential auction results

More on offer but residential auctions remain hard going for sellers

Motivated buyers are still hard to find in residential auctions even though 20% more properties were on offer this week

New zealandResidential auction results

Auction results improve but volumes still very low

The activity and clearance rates may have picked up last week at residential property auctions, but the numbers coming to market remain very low so variations are magnified and really mean little

Residential auction results

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