Oh my goodness, my jaw, floor, where is it…
They are shutting down the Real Money Auction House and the Gold Auction House for Diablo 3 on March 18th, 2014, most likely because of the new loot system of Diablo 3’s new expansion: Reaper of Souls. A lot of players are reacting positively to this, as seen in the comments section, and it may indeed make the game more enjoyable.
From Blizzard:
“When we initially designed and implemented the auction houses, the driving goal was to provide a convenient and secure system for trades. But as we’ve mentioned on different occasions, it became increasingly clear that despite the benefits of the AH system and the fact that many players around the world use it, it ultimately undermines Diablo’s core game play: kill monsters to get cool loot. With that in mind, we want to let everyone know that we’ve decided to remove the gold and real-money auction house system from Diablo III.”