Auckland housing market 'restrained' as April sales fall to 4-year low: Barfoot

Tue, 03 May 2016

By Tina Morrison May 4 (BusinessDesk) - Auckland residential property sales volumes in April fell to the lowest level for the month in four years, according to the city's largest realtor. The number of sales dropped 12 percent to 944 in April from the same month last year, and were 30 percent lower than in March, Barfoot & Thompson said in a statement. The realtor said its 1,496 new listings in April were down 5.3 percent from a year earlier and 20 percent lower than March. It had just 2,846 properties on its books at the end of April, th...

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