It’s estimated close to 60,000 extra residents made Auckland their home last year and the demand has created a serious housing shortage.
In October sales were down by 4.7% compared to last month, but are fairly consistent when compared with the same time in 2015.
This points to a market that remains strong, but one that is not moving ahead with the force and speed of 12 months ago.
Harcourts Mt Albert has opened the doors to its modern new office, timed perfectly to showcase the company’s bold new branding.
Residential data for the Northern Region in August, from Harcourts, New Zealand’s largest real estate group, shows average sale prices continuing to rise, up 25% on the same period in 2014, to $817,580.