Auction room activity picked up a bit over the last week after hitting a mid-winter low the previous week.
Interest.co.nz monitored the auctions of 246 residential properties around the country over the week of 25-31 July, up from 199 the previous week.
That's put the number of properties on offer back up to just over where they were in the first two weeks of July.
However, there was almost no change in the sales rate.
Of the 246 properties on offer at the latest auctions, 104 were sold, giving an overall sales rate of 42%, down by the slimmest of margins from 43% the previous week.
Of the 104 properties that sold, 45% achieved prices equal to or above their respective rating valuations, down from 53% the previous week.
Overall, auction activity remains subdued, which is normal for this time of year, although uncertain economic times are not helping current activity levels.
Details of the individual properties offered at all of the auctions monitored by interest.co.nz, including the prices of those that sold, are available on our Residential Auction Results page.
The table below shows the latest results by region.
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