Just one in four properties was sold under the hammer at the residential property auctions monitored by interest.co.nz last week (16-22 July).
The number of properties that went under the hammer perked up slightly to 151 last week, up from 120 the previous week, but the overall sales rate was almost unchanged at 26% compared to 27% the previous week.
Of all of the auctions throughout the country monitored by interest.co.nz, only six districts managed auction numbers in double digits. Four were in Auckland - North Shore, Waitakere, Central suburbs and Manukau, plus Waikato and Canterbury.
The overall sales rate (under the hammer) in Auckland was just 18% while Waikato and Canterbury fared better at 38% and 41% respectively.
However overall auction activity, both in terms of the number of properties being sold and the number selling under the hammer, remains at a very low level.
The table below shows the district-by-district results from all of the auctions monitored by interest.co.nz last week, and the details of the individual properties and the results achieved, including the prices of the properties that sold, are available on our Residential Auction Results page.
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