Agency auctions 79 properties in one of busiest weeks yet

Auckland's largest agency Barfoot & Thompson has had one of its busiest auction weeks.

Managing director Peter Thompson said his firm auctioned 79 houses during three days last week and that made it an extremely busy time because the firm was auctioning just 40 places a week in the winter.

He expected a 58 per cent clearance rate of last week's properties.

"Just over a third were sold under the hammer and I'm just waiting to hear within the week how many places have sold subsequently," he said. "We had bids on most places - only eight houses didn't get bids."

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Posted: 26 Nov 2008

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