Diablo 3 auction house closing in March 2014

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Blizzard has announced a plan to close Diablo 3's real-money and gold auction houses next year, according to an announcement today by game director Josh Mosqueira and production director John Hight. Hight called the auction houses, where players could pick up hard-to-find, in-game items for real money or in-game currency, "a double-edged sword."

It's not the first time we've heard about the way the auction houses can unbalance the game. In February developers had already announced that they were working to "refocus players away from farming the auction house and onto farming monsters." And back in the March, former Diablo 3 game designer Jay Wilson said the marketplace "really hurt the game."

For the players still heavily invested in that economy, however, there's still time to sell off their big-ticket items. The auction houses won't be closed for good until March 18, 2014, according to Blizzard.