Auckland house sales jump, consents rise

Wed, 04 Mar 2020

Auckland real estate sales jumped almost 70 percent in February as a growing number of apartments came to market.The city’s biggest realtor oversaw 804 sales in February, up from 474 a year earlier and the most for a month of February in five years. While new listings rose 4.9 percent to 1,640 from a year earlier, there was still a lack of available properties with month-end stock at 3,670 compared to 4,660 at the end of February 2019.“Sales numbers in the month at 804 were exceptional," said managing director Peter Thompson. "But the prices at...

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