Auckland property sales spiked before latest lockdown

Auckland property sales spiked before latest lockdown
Brent Melville
Auckland buyers led another assault on the housing market in July, with total property sales spiking 30 percent from a year earlier, and the rest of the country following suit with almost a quarter more houses changing hands. The latest Real Estate Institute of New Zealand figures show a 24.6 percent increase in the volume of sales with 7,854 properties sold last month, the biggest July volume in five years.  But a word of caution; total agency sales activity remained down by 22 percent, or 5,826 property transactions, to 20,220 for the A...

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