It was a quieter week for residential house auctions, with interest.co.nz monitoring 312 over the past week. That was down from 363 the prior week, a 14% dip. Still that was much more than the 208 we monitored in the equivalent week a year ago.
This week we noticed more mortgagee auctions, and they were across most regions.
This week's sales rate came in at 36%, exactly the same as last week. And the proportion of those that sold at or above rating value was also stable at 49%.
Listing remain very high. Realestate.co.nz is currently listing 45,742, TradeMe Property currently lists 49,469, and OneRoof is listing "over 45,000." It is clear that selling by auctions is a small section of the market.
In March, REINZ reported 7853 sales. In April 2025 they dropped 14% seasonally, so we would expect April 2026 total sales to be something like 6700. If it turns out like that, we may end up with April auction activity being less than 10% of all sales in the month.
One third of properties selling under the hammer, with two thirds being passed in or withdrawn, seems to be the new normal nationally, with some regional variations. The table below shows the latest regional results.
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 Residential Auction Results page.
| Residential Auction Results | ||||
| at auctions monitored by interest.co.nz | ||||
| April 18 - 24, 2026 | ||||
| District | Total | Sold | % sold | % of selling prices above or equal to their rating valuation |
| Northland | 12 | 2 | 17% | 50% |
| Auckland Region | 178 | 63 | 35% | 44% |
| - Rodney | 12 | 3 | 25% | 100% |
| - North Shore | 31 | 13 | 42% | 54% |
| - Waitakere | 16 | 4 | 25% | 50% |
| - Central Suburbs | 47 | 15 | 32% | 53% |
| - Manukau | 46 | 18 | 39% | 33% |
| - Papakura | 12 | 3 | 25% | 33% |
| - Franklin | 13 | 7 | 54% | 14% |
| - Waiheke Island | 1 | 0 | 0% | 0% |
| Waikato | 17 | 6 | 35% | 83% |
| Coromandel | 9 | 2 | 22% | 0% |
| Bay of Plenty | 29 | 7 | 24% | 14% |
| Gisborne | 23 | 11 | 48% | 64% |
| Hawkes Bay | 4 | 0 | 0% | 0% |
| Central North Island | 5 | 3 | 50% | 0% |
| Marlborough | 3 | 1 | 33% | 0% |
| Canterbury | 25 | 15 | 60% | 67% |
| Otage | 7 | 3 | 43% | 33% |
| All of Aotearoa | 312 | 113 | 36% | 49% |
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