News

Rents down, sales up in Auckland

Thursday 3rd of March 2011

"The fall in weekly rent was anticipated as the normal influx of people into Auckland over January eased," said Barfoot & Thompson managing director Peter Thompson.

"Even so, February's average price is $12 above the average rent for this time last year, and the market has certainly settled at a new benchmark."

ASB economist Chris Tennent-Brown said the rental figures were c...

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