in july

in july

Housing Report for July: Prices up 11.5% (news with Bernard Hickey)

9mo ago
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Barfoot and Thompson July sales report 998 in July vs 994 Up 28% vs year ago Average house price NZ$591,444 in July Up 0.4% vs June Up 11.5% vs year ago First July to June rise In sales since 2005 New listings up 23% Total listings 3975 Lowest since Sept 05 'Buyers acting decisively' 'Not spiralling higher' 82 profits over NZ$1 mln Up 64% vs last year Central suburbs prices Up 17.5% vs yr ago Eastern suburbs up 25.9% West Auckland 4.7% Pakuranga Howick 3.8% South Auckland 24.8% North Shore 9.4% Low interest rates Migrant demand Leaky buildings 2,500 new homes Need 10,000 to 13,000 Productivity Commission Govt response due Land supply etc