Barfoot & Thompson says Auckland housing market moving again

Barfoot & Thompson says Auckland housing market moving again
Jenny Ruth
By Jenny Ruth Aug. 2 (BusinessDesk) - Auckland’s biggest realtor says there was a “modest but definite” shift in the housing market in July when property prices fell but sales numbers rose. “The modest fall in both average and median prices in the month was enough to unlock sales numbers, with July sales being their highest in the month of July for three years,” says Barfoot & Thompson managing director Peter Thompson. In the previous three months, sales had been more subdued with prices tending to edge higher. “In July, the fall in...

More Finance

IRD issues warning to crypto holders ahead of audits
Finance

IRD issues warning to crypto holders ahead of audits

The IRD has identified 227,000 crypto-asset users in NZ and contacted those at risk.

Staff reporters 04 Jul 2024
$1.65b project to simplify switching banks a 'flop'
Finance

$1.65b project to simplify switching banks a 'flop'

Open banking has hindered competition rather than helping it, says lobby.

AAP 04 Jul 2024
MTF to investigate bullying claims
Finance Exclusive

MTF to investigate bullying claims

Chief executive Chris Lamers said he takes the claims 'very seriously'.

Murray Jones 04 Jul 2024
Payments NZ could play key role in open banking standards
Finance

Payments NZ could play key role in open banking standards

A draft decision proposes an 18-month approval, rather than the five years requested.

Ben Moore 01 Jul 2024