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Here's how to make sense of housing market data

Here's how to make sense of housing market data
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The Auckland parking space more expensive than a house deposit

A single carpark in New Zealand's tallest apartment tower has sold under the hammer for a record-breaking $288,000. ....

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Business Scoop » Auckland Housing Prices Shrug Off Winter Concerns

Press Release – Barfoot and Thompson
Auckland house prices shrugged off the normal winter downturn, concerns about increasing prices and warnings of possible future interest rate rises in July. Mounting concerns about the prices being paid and possible future interest rate increases did nothing …
Auckland house prices shrugged off the normal winter downturn, concerns about increasing prices and warnings of possible future interest rate rises in July.
“Mounting concerns about the prices being paid and possible future interest rate increases did nothing to dampen July trading,” said Peter Thompson, Managing Director of Barfoot & Thompson.
Sales for the month were a healthy 1235, with the average and median prices paid being more than 20 percent higher than they were 12 months ago. ....

Peter Thompson , Barfoot Thompson , Press Release , Managing Director , பீட்டர் தாம்சன் , பார்பூட் தாம்சன் , ப்ரெஸ் வெளியீடு , நிர்வகித்தல் இயக்குனர் ,

No winter slowdown for Auckland market

Barfoot & Thompson managing director Peter Thomson said mounting concerns about the prices being paid and possible future interest rate increases did nothing to dampen July trading.
The winter months were normally a time when market activity slowed, and prices and sales could edge lower, but there were no signs of that occurring this year, he said.
“High prices are not proving a deterrent to top end property, and we sold 118 homes for more than $2m the month, which was more than double the number we sold in June last year.”
While the agency’s figures showed sales for the month were down by 0.6 per cent on June, they were up by 4.5 per cent on the three-month average. ....

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Auckland Housing Prices Shrug Off Winter Concerns

Auckland Housing Prices Shrug Off Winter Concerns
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