Hesitancy colours Auckland market

Barfoot & Thompson’s November data reveals the agency’s sales were up by 19.4% to 757, from October’s low of 634.

While the number of sales was down by 20.1% on last November which saw 947 sales, it was the highest number since August and also 9.7% higher than the average for the previous three months.

Barfoot & Thomson director Kiri Barfoot says the increase indicates the Auckland market is holding firm and buyers are returning.

“Both the average price at $913,244, and the median price at $830,000, were right in line with what we have been achieving over the previous three months.