Real estate agency Barfoot & Thompson says the city's real estate market had a rush of spring activity last month. "A feature of the market since March has been the modest number of properties being listed, and by the start of October the number of properties on the market was at its lowest for more than two years," said Peter Thompson, agency managing director. READ MORE:* Auckland a buyer's market, Barfoot & Thompson says* Auckland housing market recovering for spring, Barfoot says* Auckland house sales down by a quarter, Barfoot & Thompson saysThat also pushed prices up by 1.6 per cent to an average $939,132. The agency is predominantly in Auckland although it also has offices in Bream Bay, Whangarei and Kerikeri. "There is growing acceptance that today's prices represent where the market is valuing property, and that's where it's likely to stay.

Source: Stuff November 03, 2019 21:33 UTC