Auckland housing market rears its head as sale prices, new listings pick up in August

Tue, 04 Sep 2018

By Paul McBeth Sept. 5 (BusinessDesk) - Auckland's property market showed signs of waking up from an extended lull in August as sale prices, turnover and new listings all increased, says realtor Barfoot & Thompson. The median sale price increased 3.7 percent to $840,000 in August from a year earlier, while the number of sales gained 2.3 percent to 795, the city's biggest real estate agency said in a statement. Auckland's property market has been cooling over the past year as government efforts to restrict the sale of residential prop...

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