Auckland house sales slump 37% in September as election weighs on flat market: Barfoot

Tue, 03 Oct 2017

By Paul McBeth Oct. 4 (BusinessDesk) - The volume of Auckland house sales slumped by more than a third in September from a year earlier as an already flat market was weighed down further by the general election. The number of sales fell to 658 in September from 1,051, the lowest level for the opening month of spring in seven years, Barfoot & Thompson said in a statement. New listings fell 7.9 percent to 1,414, while stock available at the end of the month was 25 percent higher than a year earlier at 3,829. "The general election comin...

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