Blizzard recently announced that they’re going to be shutting down the Auction House system in Diablo 3.
The AH system was initially designed so that players could have safe and comfortable trades. Although many players use the system, it became clear in the past that it doesn’t fit with the game’s core game mechanics, which is to have fun, kill monsters and receive cool loot.
The development team thinks that removing the Auction House and adding the Loot 2.0 system being alongside the Reaper of Souls will result in a much better game experience for everyone.
The Auction House will be removed on March 18, 2014.