Come March 18, 2014, both the gold and real money Auction Houses on Diablo III will come to a close. According the Diablo III head honchos John Hight and Josh Mosqueira, with the Loot 2.0 system set to be coming out with the Reaper of Souls expansion, the gameplay at the center of Diablo III is not as exciting as they want it to be with the auction house in play.
While full details on the actual closing process have yet to be finalized, they are giving advance notice to players so that have ample enough time to shut down their shops before this update goes live. Updates on the closing process will be announced as information is finalized between now and March 18, 2014.
See the complete article at GameSkinny.com.