Busiest month in seven years for Auckland realtor Barfoot & Thompson

Wed, 06 Jun 2012

By Hannah Lynch June 06 (BusinessDesk) - The Auckland housing market had its strongest month of May in seven years, with the average sale price hitting a record high. Barfoot & Thompson, which sells about one in three Auckland residential properties, said the average May sale price rose 2.5 percent to $582,285. That's the highest average price the firm has ever recorded. Sales increased 31 percent to 1,165 on the same period a year, a 55.3 percent jump on April's 750 sales. "A significant number of new listings, keenly priced mortgage len...

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