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Lack of listings drives higher house prices, sales in Auckland: Barfoot

By Jenny Ruth | Tue, 03 Dec 2019

Auckland's largest real estate agent says house sales and prices rose in November from both October and the same month in 2018, but that new listings were the lowest for a November month in 11 years.Barfoot & Thompson says it sold 960 homes last month, up 16.5 percent from October and up 2 percent from the previous November, with the median price up 4.7 percent year-on-year to $891,000 while the average price rose 2.8 percent to $963,671.The November sales were the highest since March and the highest for the month of November since 2015.But...

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