Auckland agents say house sales soaring
Real estate agency Barfoot & Thompson has reported the highest number of properties sold in Auckland for the month of January since 2007, at the highest prices it had ever seen for the first month of the year.
The average price the agency sold houses for was $529,768 in January, up 2.7 per cent from a year earlier.
It sold 683 houses, up 21.3 per cent from one year prior. New listings were up 15.1 per cent for the same comparable period, with 1031 properties coming onto its books last month.
The Hamilton area has benefited as well:
$365,788 median house price in Waikato, up 6 per cent on last year
511 new listings in Jan, 1 per cent up on last year
42.9 weeks to sell all houses on Waikato inventory, 58 per cent down on last year
Source: realestate.co.nz 3/2/12