Housing market activity in Auckland, New Zealand, slowed in March

Auckland house sales activity quietened in April after a busy March, with only a marginal increase in the average price, and sales numbers down significantly. The latest data from agents Barfoot & Thompson shows that the average price in April was $878,599, up 0.8% from March and up 8.6% compared to April 2015. ‘Auckland house prices have pulled back from breaking into new territory. For the past year we have been looking at monthly year on year increases of around 12%,’ said Peter Thompson,...