Auckland house sales fall for second month, listings at 7-month low, Barfoot says

Mon, 04 Aug 2014

By Jonathan Underhill Aug. 5 (BusinessDesk) - Auckland house sales fell for a second month in July and the number of listings declined to a seven-month low, The number of sales fell to 983 in July, from house price inflation "has moderated further" since the bank's monetary policy statement in June. Barfoot managing director Peter Thompson said his firm had 3,273 properties on its books at the end of July, marginally below June and the lowest in seven months, leaving supply "extremely tight." Listing typically picks up again in Aug...

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