Auckland house sales fall 20% in November, prices remain subdued

Mon, 04 Dec 2017

By Rebecca Howard Dec. 5 (BusinessDesk) - The number of house sales in Auckland fell 20 percent on the year in November and prices remained subdued as inventory levels continue to push higher. There were 757 sales in November versus 947 sales in the same month a year earlier, realtor Barfoot & Thompson said in a statement. The number of sales, however, was up 19 percent from October, when they reached 634 and was 9.7 percent higher than the average for the past three months. The average sale price was $913,244 in November, up 0.3 per...

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