Limited supply key to Auckland's 'stubbornly high" prices - News Summed Up

Limited supply key to Auckland's 'stubbornly high" prices


House prices in Auckland have continued to rise at a “stubbornly high” rate despite measures intended to slow the market, the city’s largest real estate agency says. But it seems neither these measures nor the advent of winter had significantly slowed the Auckland market. You might be out of luck* Auckland market 'exceptional' but for how long? Barfoot & Thompson managing director Peter Thompson said the rate at which prices were increasing did ease slightly in June, but the rate remained stubbornly high. Alden Williams/Stuff Auckland house prices continue to rise at a “stubbornly high” rate, according to Barfoot & Thompson.


Source: Stuff July 06, 2021 02:48 UTC



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