Activity remained relatively subdued in Barfoot & Thompson's auction rooms last week although the overall sales rate ticked up slightly.
Auckland's biggest real estate agency marketed 90 residential properties for sale by auction last week (7-13 May), down from 102 the previous week.
Of those, sales were achieved on 26, giving an overall sales rate of 29%, up from 25% the previous week.
Leaving aside those districts where just a handful of properties were auctioned, the sales rates ranged from 18% in Waitakere to 41% on the North Shore last week.
The table below shows the number of properties auctioned and the sales rate in each district.
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.
- You can have articles like this delivered directly to your inbox via our free Property Newsletter. We send it out 3-5 times a week with all of our property-related news, including auction results, interest rate movements and market commentary and analysis. To start receiving them, register here (it's free) and when approved you can select any of our free email newsletters.