Things were a bit quieter at the latest auctions, with interest.co.nz monitoring the auctions of 236 residential properties around the country over the week of 2-8 August.
That was down from 282 the previous week and was the fourth lowest number of properties offered at the auctions we monitor so far this year.
However, although fewer properties were on offer, there was no change to the sales rate, with 94 properties selling under the hammer, giving an overall sales rate of 40%, which was unchanged from the previous week and within a percentage point or two of where it’s been for the last two months.
So overall, things were quiet in the auction rooms, but about where you’d expect them to be for the time of year.
Details of the individual properties offered at all of the auctions monitored by interest.co.nz, including the selling prices of those that sold, are available on our Residential Auction Results page.
