A flicker of life in Auckland real estate – Barfoot & Thompson

A flicker of life in Auckland real estate – Barfoot & Thompson
Sales are perking up. (Image: BusinessDesk)
Brent Melville
Barfoot & Thompson says buyers started trickling back into the country's biggest residential market last month, with the firm's sales hitting a 10-month peak.The city's biggest realtor also suggested that prices are now sticking, with evidence of a slight recovery on the prior two months.The firm's managing director, Peter Thompson, said the agency transacted 765 homes last month. While that's down on the normal number of March sales, it was up 86.6% on the prior month and the most business its 76 offices have written si...

More Property

Oceania shrinks footprint, prioritises balance sheet
Property

Oceania shrinks footprint, prioritises balance sheet

Oceania has divested four aged care facilities in the space of six months.

Gregor Thompson 22 Nov 2024
Paul Bary lobbies minister over Du Val BTR
Property

Paul Bary lobbies minister over Du Val BTR

Du Val Build To Rent assets could be sold early next year; investor Paul Bary unhappy.

Receivers ask Du Val founders: ‘Where are the assets?’
Property

Receivers ask Du Val founders: ‘Where are the assets?’

Du Val receivers say they have evidence of other assets they want information on.

Maria Slade 21 Nov 2024
Reasonable progress or pass the parcel?
Property

Reasonable progress or pass the parcel?

Opinions split over whether buildings are being earthquake-strengthened fast enough.