Auckland house sales drop in October, prices remain high: Barfoot

Thu, 02 Nov 2017

By Sophie Boot Nov. 3 (BusinessDesk) - The Auckland housing market was stable in October despite the political uncertainty, with prices steady although sales volumes dropped. The number of sales fell to 634 in October from 778 in October 2016, the lowest in an October month for seven years, realtor Barfoot & Thompson said in a statement. New listings dipped 9 percent on an annual basis to 1,733, while stock available at the end of the month was 20 percent higher than a year earlier at 4,451. "The Auckland housing market has been unfaze...

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