Auckland January house prices slip from December's record in holiday lull

Tue, 03 Feb 2015

By Tina Morrison Feb. 4 (BusinessDesk) - Auckland house prices edged lower in January from record levels the previous month as sales volumes steadied during the summer holiday period, according to the city's largest real estate agency. The average sale price slipped 0.2 percent to $757,319 in January from December, although it was 17 percent ahead of January last year, Auckland real estate agency Barfoot & Thompson said in a statement. The median price declined 2.8 percent to $700,000 from December's record, to be 21 percent above January...

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