Auckland house prices up 6pc, sales keep climbing

Auckland property prices surged nearly 6 per cent in October, says real estate company Barfoot & Thompson.

The Average sales price across the region in October was $544,745, a 22-month high.

Company managing director Peter Thompson said the whole market 'lifted to a higher level' with average prices increasing from September by 5.8 per cent. When compared to the same month last year, prices rose 4.8 per cent.

Sellers were returning to the market in strength, said Thompson, with 1676 new listings in October, the highest number in a month since March last year.

To read the full NZ Herald article, click here

Posted: 5 Nov 2009

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