Harcourts CEO Chris Kennedy on what the latest figures means for the property market.
The latest national residential property figures from Harcourts NZ show a fluctuating market, that, while moving slower than this time last year, is still returning good results for buyers.
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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