Barfoot & Thompson: Housing market still steaming

Rural and lifestyle property sales also remained buoyant, with $95m in sales at the highest level for five years, the company says.

Staff reporters

Wed, 02 Jun 2021

Auckland realtor Barfoot and Thompson says sales though May continued at a breakneck pace in the city, unfazed by government restrictions aimed at damping down rampant house prices.Managing director Peter Thompson said April's positive momentum had carried into the month, reflected in sales numbers at their highest level for the month in four years.The median price across the realtor's 1,197 confirmed sales was $1.07 million, 2.2% ahead of the prior month and 17.5% higher than May last year.Thompson suggested the market had worked throu...

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