5,382 Auckland homes listed by Barfoot & Thompson, highest since 2011; average sale prices stable at $1.1M.

Auckland's real estate market sees a surge in homes for sale, with 5,382 properties listed by Barfoot & Thompson, the largest in the city. This is the highest number since April 2011. Despite the increase, average Auckland sale prices in January reached $1.08M and $1.1M in February, with prices remaining stable. Major banks ASB and ANZ have cut home lending rates in response to rising interest rates.

March 04, 2024
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