{"id":591075,"date":"2026-09-05T14:56:22","date_gmt":"2026-09-05T14:56:22","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/591075\/"},"modified":"2026-09-05T14:56:22","modified_gmt":"2026-09-05T14:56:22","slug":"auction-sales-rate-unchanged-at-36-for-the-last-three-weeks","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/591075\/","title":{"rendered":"Auction sales rate unchanged at 36% for the last three weeks"},"content":{"rendered":"<p>Residential auction activity continues to bounce around winter lows.<\/p>\n<p>Interest.co.nz monitored the auctions of 258 properties over the week of 29 August to 4 September. That was down from 290 the previous week but up from 214 the week before that.<\/p>\n<p>Auction numbers would need to remain above 300 a week before we could be sure that the usual spring lift was underway, something that occurred in mid-September last year, so it may not be far off.<\/p>\n<p>However, while the number of properties being auctioned goes up and down, the sales rate remains as flat as a pancake, sitting on exactly 36% for the last three weeks.<\/p>\n<p>That suggests a market that&#8217;s biding its time, as buyers take their time to see how events such as rising interest rates and high stock levels play out.<\/p>\n<p>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 <a href=\"https:\/\/www.interest.co.nz\/property\/residential-auction-results\" target=\"_blank\" rel=\"nofollow noopener\">Residential Auction Results page.<\/a><\/p>\n<p style=\"text-align: center;\"><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/nz\/wp-content\/uploads\/2026\/09\/shuntable5.png\" class=\"drupal-media\" style=\"\"\/><\/p>\n<p>\u00a0<\/p>\n<p><a href=\"https:\/\/www.interest.co.nz\/supporters\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" style=\"height:147px;width:760px;\" alt=\"\" src=\"https:\/\/www.newsbeep.com\/nz\/wp-content\/uploads\/2026\/09\/what-do-you-think-21.jpg\"\/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Residential auction activity continues to bounce around winter lows. Interest.co.nz monitored the auctions of 258 properties over the&hellip;\n","protected":false},"author":2,"featured_media":591076,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[138,111,139,69],"class_list":["post-591075","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-new-zealand","tag-newzealand","tag-nz"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/591075","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=591075"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/591075\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/591076"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=591075"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=591075"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=591075"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}