Auckland house prices rise in 2017, more sold for over $1m despite fewer sales

Sun, 07 Jan 2018

By Sophie Boot Jan. 8 (BusinessDesk) - Average housing prices in Auckland rose in 2017 despite sales numbers falling, with 37 percent of homes sold for over $1 million in the year, realtor Barfoot & Thompson said. There were 674 sales in December versus 721 sales in the same month a year earlier, Barfoot & Thompson said in a statement. The average sale price rose 2.9 percent from the previous December to $939,871, with the median price up 3.6 percent annually to $870,000. In 2017 the number of homes sold was down more than 25 percent f...

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