Auckland house prices stable in July, demand for affordable housing strong

Thu, 02 Aug 2018

By Rebecca Howard Aug. 3 (BusinessDesk) - Auckland house prices were stable in July but the number of sales lifted on the year with demand for lower priced property still strong, the city’s largest realtor said. The July median price was $810,000, unchanged on the year and on the month, Barfoot & Thompson said in a statement. The average sale price fell 1.8 percent from June to $912,487 but was up 0.5 percent on the year. Sales volumes were 11 percent higher on the year but fell 8 percent on the month. New Zealand’s heated housing mar...

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