Auckland house sales, prices fall in December on glut of available properties

Paul McBeth
Sun, 08 Jan 2017

By Paul McBeth Jan. 9 (BusinessDesk) - Auckland house sales and prices fell last month as the country's biggest city continued to enjoy a glut of properties on the block, realtor Barfoot & Thompson says.  The number of houses sold in Auckland fell 24 percent to 721 and the median sale price slipped 1.2 percent to $840,000 in December, Barfoot said in a statement. The median price was up 5 percent from December 2015, while the volume of sales was down 9.4 percent.  "While prices definitely eased there was certainly no suggestion that cu...

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