Barfoot and Thompson reports big drop in turnoverNEVILLE MARRINER/FAIRFAX NZ Barfoot & Thompson says buyers are becoming more selective. Auckland real estate agency Barfoot & Thompson recorded its slowest October in five years last month. The agency's average sales price tends to be higher than the market as a whole because of the listings it attracts. Greater choice has created an environment where buyers feel less pressure to pay the asking price," Thompson said. "This is reflected in the median sales price for the month which increased by 1.8 per cent in the month to $865,000.

Source: Stuff November 02, 2016 22:21 UTC