Auckland house prices weaken in February as volumes increase; stable outlook ahead, Barfoot says

Tina Morrison
Sun, 04 Mar 2018

By Tina Morrison March 5 (BusinessDesk) - House prices in New Zealand's largest city of Auckland are likely to remain stable over the remainder of the summer and autumn sales season as the number of properties on the market picked up and prices declined in the latest data for February, according to the city's largest realtor. The average sale price fell to $919,454 in February, down 1.6 percent from January and 2.7 percent below February last year, Barfoot & Thompson said in a statement. The median price of $820,000 is 1.2 percent below J...

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