August brought an interesting shift in the Auckland housing market, with prices holding firm as winter came to an end, an unusual trend that could signal a change ahead.
$955,000 median sales price, up 1.6% from June
$1,098,487 average sales price, up 1.6% year-on-year
787 properties sold during August
“The Auckland market in August showed signs that it may be nearing a tipping point,” said Peter Thompson, Managing Director of Barfoot & Thompson.
Read the full August Housing Market report here.
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