It was a hard grind again at Barfoot & Thompson's latest auctions with just under one-in-four of the properties offered selling under the hammer. Auckland's biggest real estate agency offered 73 properties at their latest auctions over the week from 3 to 9 September, up from 69 the previous week. That pushed the overall sales rate down slightly to 23% from 25% the previous week. Barfoot's auction numbers remain particularly weak in Auckland's southern districts of Papakura and Franklin, although the number of properties offered at auction remained low in all Auckland districts. Under the hammer sales remained in single digits across all Auckland districts at the latest auctions - see the table below for the district-by-district results.

Source: New Zealand Herald September 10, 2022 03:22 UTC