Auckland house prices up in May, sales keep climbing

Auckland house prices rose last month, says the region's biggest real estate companies, which is also reporting a lift in sales numbers.

Barfoot & Thompson says it sold 814 properties during May, a one per cent jump from April and 58 per cent higher than the same month last year.

Managing director Peter Thompson said the average sales price rose 6.2 per cent to $533,909 - the highest average price for 12 months.

"This was our best month's trading for more than two years in terms of achieving both high volume and high prices," he said.

It was the third consecutive month when the company sold more than 800 homes, a target not achieved once last year.

To read the full NZ Herald story click here

Posted: 4 Jun 2009

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