Barfoot Struggles For Listings

Barfoot & Thompson has lowest number of houses for sale on its books in more than a decade

June 6, 2013 – 10:21am, Gareth Vaughan

Barfoot & Thompson, Auckland’s biggest real estate agent, says it sold 10% more properties in May this year than in May 2012, with the average price up slightly from April to $644,737.

The company, which accounts for about a third of Auckland house sales, said it sold 1,284 properties in May. That’s 21% more than the 1,062 sold in April this year, and 10% more than in May last year. At 1,315, new listings were the lowest in four months, and down 14% on April.

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