Not enough listings to meet demand, Barfoot says

By Paul McBeth | Tue, 04 Feb 2020


Auckland realtor Barfoot & Thompson didn’t have enough properties on its books to meet demand, which helped push up sale prices in January.The city’s biggest real estate firm ended January with 3,537 properties listed on its books, down from 4,334 a year earlier. Listings ended 2019 at a four-year low, and Barfoot had 1,080 new listings last month, up 11.1 percent from a year earlier.“This number of listings at the end of January is the lowest they have been at the start of a year in four years and, given the level of interest being shown b...