Auckland property prices hit new high in November
Anne Gibson Herald
Wednesday Dec 3, 2014
Auckland properties sold by the city’s biggest agency, Barfoot & Thompson, have hit a new all-time price high of $756,909, up $20,671 in just 30 days.
Peter Thompson, Barfoot managing director, has just released the latest monthly data showing a post-election splurge caused the price spike.
Barfoots’ media price in the election month of October was $736,238.
Volumes rose sharply too: in January 854 properties were sold unconditionally with commissions paid, February 771, March 1392, April 811, May 1109, June 1037, July 983, August 909, September 959, October 939 and November 1105.