Auckland's biggest real estate agency says housing activity in March has set a string of new records for prices and sales.
Barfoot & Thompson is reporting a monthly increase in the average sales price of almost 4 percent to an all-time high of more than $776,000.
The figure is more than $17,000 higher than the previous record average price set in December last year.
The real estate agency said the high prices were not deterring buyers with its agents selling almost 1600 homes in March, the highest number ever in a calendar month.
A quarter of the homes sold for more than $1 million.