Auckland real estate starts ticking back, up 10.8%

(Image: BusinessDesk)

Tue, 15 Aug 2023

Auckland real estate sales increased by an annual 10.8% to 1,645 last month, a third of New Zealand's 4,903 deals during the month, which was up 1.6% year on year.That was while the price index ebbed 7.3% in Auckland and 6.9% nationally over the past 12 months, with the national median house price now sitting at $770,000. According to Real Estate Institute data for July, that’s still down 4.9% year on year.Stock on the market also remains down, with the total number of listed properties down 12.4% on last July, at 23,090, and dow...

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