Fewer house sales in February but listings on the rise

Auckland residential property sales volumes fell in February compared to the same period last year but listings stood at 3,674, the highest since March 2013 and up from 3,371 in January, according to latest property sales figures from Barfoot & Thompson.

"These signs are positive and an indication that the economy is stable, banks are lending, and buyers and sellers remain confident," said managing director Peter Thompson. "But there is more choice out there and that will ultimately affect prices."

Auckland residential property sales volumes fell in February compared to the same period last year but listings stood at 3,674, the highest since March 2013 and up from 3,371 in January, according to latest property sales figures from Barfoot & Thompson.

“These signs are positive and an indication that the economy is stable, banks are lending, and buyers and sellers remain confident,” said managing director Peter Thompson. “But there is more choice out there and that will ultimately affect prices.”

Share on facebook
Facebook
Share on google
Google+
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on pinterest
Pinterest