The number of properties being offered at the auctions monitored by interest.co.nz continues to bounce around at less that 200 a week, while the overall sales rate remains under a third.
Last week (2-8 July) interest.co.nz monitored the auctions of 175 residential properties around the country, up slightly from 163 the previous week, but down from 201 the week before that.
Of those, 47 properties were sold under the hammer, giving an overall sales rate of 29% last week, down slightly from 31% the previous week.
Most of the auction activity remains in Auckland where interest.co.nz monitored the auction of 117 properties last week and the overall sales rate was 25%, less than half the 57% sales rate achieved in Canterbury which had the second highest level of auction activity in New Zealand.
Details of the individual properties offered at all of the auctions monitored by interest.co.nz, including the prices of the properties that sold, are available on our Residential Auction Results page.
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