CORRECT: Auckland house sales drop in May, Barfoot & Thompson says

Wed, 04 Jun 2014

(Fixes percentage of sub-$500k house sales in 6th graph) By Suze Metherell June 5 (BusinessDesk) - Auckland house sales dropped 14 percent in May from a year earlier as the market cooled ahead of winter, according to Barfoot & Thompson, the city's biggest realtor. Sales dropped to 1,109 in May from 1,284 a year earlier, and were up 37 percent from April when the Easter public holidays fell. The average sale price dropped to $702,966 from $708,603 in April, but was still up from $644,737 in 2013. The median sale price rose 4 percent to...

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