Auckland house price growth is stabilising, Barfoot says

Thu, 02 Jun 2016

By Tina Morrison June 3 (BusinessDesk) - Auckland house price growth appears to be stabilising since hitting a record in November last year, according to the city's largest realtor. The average sale price edged up 0.1 percent to $874,623 in May from April, Barfoot & Thompson said in a statement. That's up 2.4 percent from the previous three months, and a rise of 6.4 percent from May last year. The average price hit a record $876,075 in November 2015. Monthly sales volumes jumped 38 percent to 1,306 from April, and were up 6.6 percent on M...

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