PHOTO: 123RF Peter Thompson said number of available properties was the lowest for the start of any year in the past four years.
Auckland’s property market has jumped into action so far this year, the city’s biggest real estate agency says.
Peter Thompson, managing director of Barfoot & Thompson, said it had been an “extremely confident” start to the year.
“In terms of sale numbers, we sold our highest number of properties in a January in four years, the average price and median prices were up on those for December last year, and new listings were up over the 1000 mark.
“Buyers were active across all price segments and were prepared to pay near record prices. January’s trading confirmed the signs seen in November and December trading, which pointed to the Auckland housing market entering a new growth cycle.”
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