Auckland average house price falls in January reflecting seasonal lull, Barfoot says

Tue, 04 Feb 2014

By Tina Morrison Feb. 5 (BusinessDesk) – Auckland’s average house price slipped in January, reflecting a seasonal slowdown following the Christmas and New Year holiday period. The average sale price fell 7.6 percent to $647,207 from a record in December, although it is 7.7 percent ahead of January last year, according to realtor Barfoot & Thompson. The median price fell 7.8 percent to $580,000 from December. “This is part of the normal seasonal trading pattern,” managing director Peter Thompson said in a statement. “All indications are that...

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