Prices in Auckland have reached an all-time high, despite sales dropping by over 20% compared to last year.
New listings were down in August b y 22% compared to the previous year.
However, this is to be expected in the month leading up to an election, with listings generally down by around 20% before we go to the polls.
In July sales were down by 19% across Auckland and there were 43.5% more properties available to buy, compared to the same time last year.
Licensed under the Real Estate Agents Act 2008
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