There has been no sign of the traditional winter slowdown in Auckland’s housing market this year. There was no sign of the Auckland housing market tapering off in July as it traditionally does in winter, the city’s largest real estate agency says. Instead, Barfoot & Thompson’s average price in the region was up by 5.3 per cent on the average of the last three months to $1.14 million. READ MORE:* Rampant house prices are slowing as Government housing policies start to bite* Auckland market 'exceptional' but for how long? The shortage of listings was widely considered to be keeping a floor under house prices, and CoreLogic head of research Nick Goodall said relatively strong price growth was still evident in the Auckland market.
Source: Stuff August 04, 2021 05:03 UTC