Auckland house sales perk up in October

Mon, 04 Nov 2019

Auckland property sales rose more than usual for early spring, indicating the city's real estate market is slowly returning to normal. Barfoot & Thompson sold 824 properties in October, down from 844 a year earlier, with the median sale price at $845,000, a 1.7 percent decline from a year earlier. But ASB Bank economist Mike Jones said the volume was up about 8 percent from September on a seasonally-adjusted basis and indicated a continuation of Auckland's recovery over the past two or three months. Sales volume was returning to more no...

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