5 Dec 2011

Surge in Auckland property sales

12:06 pm on 5 December 2011

Auckland property sales surged in November as sellers saw certainty in the post-election market.

Barfoot & Thompson sold 894 homes in the month, 23 percent more than in October.

The average selling price also increased sharply, rising 2.5% to $567,489.

Managing director Peter Thompson says the end of the Rugby World Cup and the elections helped drive the increase.

He says Barfoot & Thompson has enough auction listings to continue strong sales until Christmas.