Auckland house sales climb to 15-year high for month of August, prices stall

Wed, 02 Sep 2015

By Paul McBeth Sept. 3 (BusinessDesk) - Auckland house sales jumped in August as a flood of new listings drove an unseasonably high level of activity, trimming average sale prices in the month, according to Barfoot & Thompson. The city's biggest realtor sold 1,314 houses last month, the most for an August month in 15 years, and 45 percent higher than a year earlier, when turnover dwindled in the lead-up to the 2014 general election. Barfoot had 2,123 new listings in the month, 88 percent more than a year earlier, and the highest monthly n...

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