Auckland house prices edge up 0.8 percent in June, based on Barfoot figures

Tue, 02 Jul 2013

July 3 (BusinessDesk) - Auckland house prices edged up for a second month in June in the face of fewer listings and intense demand among property buyers, according to Barfoot & Thompson, the city’s biggest realtor. The average sale price rose 0.8 percent to $649,945 last month, adding to a 0.3 percent gain in May, the firm said. The median price rose 3.5 percent to $590,000. “While house values are moving in a tight band at present, the number of properties on the market has shrunk to an all-time low,” said Peter Thomson, Barfoot’s managing...

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