Auckland house prices slip from record in April as news listings rise Barfoot

Thu, 02 May 2013

May 3 (BusinessDesk) – Average house prices in Auckland fell from a record high last month, snapping a three-month advance, as more properties came to market, according to Barfoot & Thomspon, the city’s biggest realtor. The average sale price fell about 0.5 percent to $643,089, having reached a record $645,928 in March, the firm said. The median price dipped 2.4 percent to $566,000 The number of new listings in April rose 3.8 percent from March to 1,532 and was up 21 percent from April 2012. Barfoot sold 1,062 properties in April, the high...

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