Harcourts is thrilled to be a part of Auckland’s Chinese New Year celebrations as a major partner to the iconic Auckland Lantern Festival.
The average house price in Auckland was $963,359 in October, an increase of 4.73% when compared to the same period last year.
Harcourts CEO Chris Kennedy says the fact that the average price is up when listings and sales have slowed indicates there are still plenty of buyers in the market prepared to spend on the right property.
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The Government’s announcement this week that 34,000 new houses will be built on Crown land in Auckland over the next 10 years is to be applauded.
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.