Auckland average house price drops 3.1% in June, sales fall, Barfoot says

Tue, 04 Jul 2017

By Jonathan Underhill July 5 (BusinessDesk) - Auckland's average house price fell in June from May and the number of sales also declined to the lowest for a June month in seven years, says realtor Barfoot & Thompson. There were 855 sales in June, down from 886 in May and from 1,168 in June 2016, Barfoot said in a statement. The average price fell 3.1 percent to $913,606 and the median price slipped 0.7 percent to $840,000. The realtor said prices "invariably" fall in the winter months and while monthly sales have fallen for nine straig...

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