Activity continues to cool in Barfoot & Thompson's auction rooms as the market heads towards winter.
Interest.co.nz monitored 181 residential properties auctioned by Barfoot & Thompson in the week of 17-23 April, down from 269 the previous week (10-16 April).
Of those, sales were recorded on 94 properties compared to 122 sales the previous week.
That gave an overall sales rate of 52% in the week of 17-23 April, up slightly from 45% the previous week.
It is not unusual for auction activity to start to quieten down in April, with March usually being the busiest month of the year for the residential property market.
The timing of the Anzac long weekend is also likely to have affected auction activity last week.
Within the districts where at least a dozen properties were offered at auction, the sales rates ranged from 43% on the North Shore to 71% in Franklin (see the table below for the district-by-district breakdown).
Details of the individual properties offered at all of the auctions monitored by interest.co.nz and the results achieved, are available on our Residential Auction Results page.
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