Barfoot breaks records for Auckland home sales in March

Tue, 07 Apr 2015

By Jonathan Underhill April 7 (BusinessDesk) - Auckland house sales volume and average prices rose to a record last month, with buyers undeterred by soaring prices in the face of relatively low borrowing costs, according to Barfoot & Thompson, the city's largest real estate agency. The average sale price rose 3.9 percent from February to $776,729, beating the previous record set in December by $17,000, it said in a statement. The 1,597 homes sold in March was a monthly record for the firm. The Barfoot monthly numbers follow Quotable Va...

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