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More vendors choose auctions: REINZ

Thursday 14th of June 2012
May statistics from the institute showed that sales by auction represented 14.9% of all sales nationwide for the month – up from 10.1% in April. But 71.9% of those were in Auckland.
More than a quarter of properties sold in Auckland in May went to auction.
O’Sullivan said with not a lot of supply, auctions were a good choice for vendors in Auckland and the numb...
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