The Diablo 3 auction house will be taken offline for good according to Blizzard following recent comments from Game Director Jay Wilson.
Unfortunately, there are problems associated with the Auction House as well. Chiefly, it’s as Jay Wilson said in his postmortem from GDC — it’s simply more fun to find items than to buy them.
Therefore, after long discussion with the development team and the community team, and reading thousands of posts worth of fan feedback, we feel there is only one real solution to resolving the current game issues. Effective Tuesday 30 April, 2013, the Diablo 3 Auction House will be taken permanently offline. This goes for all realms, Real Money and Gold, and Softcore and Hardcore.
To assist with the transition to a post-Auction House Diablo 3, later this month we will be implementing new trade forums with greater moderation from the community team, plus new volunteer “TV”s. These “Trade Valuators” will oversee all threads in the trading forums, offering advice and guidance to players about the actual worth of their items, as well as seamlessly and permanently adjusting unrealistic item list prices, when necessary to reflect economic realities.
Furthermore, as a special thank you to the players, all items traded during this last month of the Auction House will receive a free graphical buff; a new rainbow-patterned glowing effect similar to, but much more colorful than, the graphics now seen on some of the class-themed Item Sets. Owing to its special beauty, this reward is permanent and can not be dyed over or removed with Vanishing Dye.
We know this is a big change, and this has been a difficult decision for the Diablo 3 Team, but after careful consideration we think this is the best direction for the community and the Diablo franchise.”