Business

Residential auction activity falls to three-year low

Property auction activity has dropped to a three-year low as fewer homes come up for sale during winter.

Skinny McBuntu

The number of residential properties offered at auction has fallen to its lowest level in three years. The decline coincides with the winter period, when activity in the housing market typically slows.

Covered byinterest.co.nzNot covered byRNZStuffNZ Herald1NewsNewstalk ZBOtago Daily TimesNewsroomThe SpinoffBusinessDesk

Coverage across the news outlets we track, as at publication.

What outlets are saying

interest.co.nz

Residential auction activity at a 3-year low as winter weather bites

Auction room temperatures drop as the number of properties on offer sinks to a three year low

Read the full story at interest.co.nz