• Skip to primary navigation
  • Skip to content
  • Skip to primary sidebar

Living Edge

Header Right

CALL (09) 630 0066 EMAIL [email protected]

  • About Us
    • Interior Stylists
    • Sales Consultants
  • Home Staging
    • Residential
    • Apartment
    • Commercial
    • Developer
    • Real Estate Listings
    • Furniture Hire
    • FAQ
  • Real Estate Listings
  • Listing Map
  • Interior Design
    • Furniture Packages
  • Shop
  • About Us
  • Home Staging
  • Real Estate Listings
  • Listing Map
  • Interior Design
  • Shop
en English
af Afrikaansar Arabiczh-CN Chinese (Simplified)nl Dutchen Englishfr Frenchde Germanhi Hindiit Italianja Japaneseko Koreanfa Persianru Russianes Spanishth Thai
Get a free quote
Home»Archives for house sales

house sales

Auckland March house sales nearly double

13 April, 2016 by Living Edge

The number of house sales in Auckland in March was close to double the sales in February, according to figures released by the city’s largest real estate agency. Barfoot & Thompson figures showed 1341 sales in March, an increase of 92.1 per cent from February, when 698 houses were sold.

Managing director of Barfoot & Thompson, Peter Thompson said March was consistently one of the busiest sale months of the year. While the number of sales increased from February, there were 16 per cent fewer sales than March 2015.

The median price of sales was $798,000, a 12.2 per cent increase from March 2015 and an 8.1 per cent increase from the month before. “When prices are this strong in March the trend is for prices to hold steady through the year,” Thompson said. “As it has been for the past two years, lack of supply remains the main price driver.”

There were 1874 houses listed for sale in March, 9 per cent fewer than in February and 6.2 per cent fewer than March 2015. Barfoot & Thompson’s data was released the same day the latest Massey University Home Affordability Report found Auckland continues to be the least affordable place in New Zealand to buy a home.

According to the report, Auckland remains a staggering 59 per cent more unaffordable than the rest of the country. This is despite recording a 3.1 per cent improvement in affordability for the third consecutive quarter.

Report author Dr Susan Flint-Hartle said the “modest” annual improvement in the country’s largest city was “good news for policymakers intent on moderating the persistent inflation of Auckland house prices”.

But she warned the improvement offered limited respite for first homebuyers in Auckland. “Despite the small improvements we’ve seen over the past few quarters, Auckland remains 59 per cent less affordable than the rest of New Zealand – and that is a record high. The only other region that is more unaffordable than the national average is Central Otago Lakes, at 48 per cent,” said Dr Flint-Hartle.

The report, which covered the period from December 2015 to February 2016, showed a 9.2 per cent annual improvement in affordability across New Zealand continuing the trend of the past three quarters.

The only region to buck the trend was Central Otago Lakes where a 10.5 per cent improvement in housing affordability was reversed over the past six months.

Efforts to cool the hot Auckland property market were beginning to take effect with lower interest rates coupled with the Reserve Bank’s loan-to-value ratio restrictions making houses more affordable.

– NZ Herald

Photo courtesy of Getty Images

Filed Under: Real Estate Tagged With: Auckland, house sales, March, NZ Herald, property

Primary Sidebar

No matter your personal sense of style, you likely No matter your personal sense of style, you likely have a living room that serves  a gathering place for yourself, your family, and/or your friends and guests. A well-edited collection and plenty of white space are two must-dos as you design and arrange your living room décor. Black and a mix of wood tones make for an inviting industrial living room. The incorporation of a textural rug and lighting are ideas of details that really carry home the industrial vibe.
​*
​S T Y L E D for L I V I N G || Interior styled by @livingedgeinteriors
​*
*
*
​Make sure to Follow @livingedgeinteriors
*
*
*
*
*
#interior #interiordesign #architecture #interiorinspo #interiorinspiration #interiors #decor #moderndesign #theworldofinteriors #homedecor #staging #homestaging #interiordesigner #design #homedesign #adstyle #elledecor #style #interiorinspiration #interiors #homedesign #apartment #decorlovers #art #vogueliving #moderninteriors #interiordecorating #livingroom #styledforliving #livingedgeinteriors
ACCENT COLOUR -yellow is a great accent color if y ACCENT COLOUR -yellow is a great accent color if you want to highlight the most important elements in your interior design or to create focal point! who loves the wall gallery by @joneenanhome
​*
​* 
​Re post by @ashleytstark
​*
​*
​*
​*
#interior #interiors #interiordesign #decor #justsofrench #interiordesign #architecture #interiorinspo #interiorinspiration #adstyle #herringbone #theworldofinteriors #chandelier #homedecor #staging #homestaging #interiordesigner #design #homedesign #elledecor #style #interiorinspiration #interiors #apartment #decorlovers #art #vogueliving #interiordecorating #styledforliving #livingedgeinteriors
FRESH CONTEMPORARY ELEMENTS Repost via @elladecora FRESH CONTEMPORARY ELEMENTS Repost via @elladecorationuk 📸@taranwilkhu 
​*
​*
​Make sure to Follow @livingedgeinteriors
*
*
*
*
*
#interior #interiordesign #architecture #interiorinspo #interiorinspiration #interiors #decor #moderndesign #theworldofinteriors #homedecor #staging #homestaging #interiordesigner #design #homedesign #adstyle #elledecor #style #interiorinspiration #interiors #homedesign #apartment #decorlovers #art #vogueliving #moderninteriors #interiordecorating #livingroom #styledforliving #livingedgeinteriors
Planning Your Layout? While it may be tempting to Planning Your Layout? While it may be tempting to push a sofa against a wall facing the TV stand and call it a day, there is more involved in planning a great living room layout. It's very important to consider views from major seating elements. In a large open room, it's nice to be able to sit on a favorite piece while addressing the rest of the room.
​*
​Post Via @studia_54
​​*
​*
​*
​#interiordesign #interiordesigner #homedecor #collectibledesign #interiordecorator #jessicagersteninteriors #interior #interiordesign #architecture #interiorinspo #interiorinspiration #decor #moderndesign #theworldofinteriors #homedecor #staging #homestaging #interiordesigner #homedesign #luxurylifestyle #elledecor #style #interiorinspiration #decorlovers #vogueliving #europeanvibes #interiordecorating #livingroom #styledforliving #livingedgeinteriors
"But talk WHITE?” Post Via @ashleytstark * * * * "But talk WHITE?” Post Via @ashleytstark
*
*
*
*
*
*
#interior #interiordesign #architecture #interiorinspo #interiorinspiration #interiors #decor #theworldofinteriors #livingroom  #home #homedecor #interiordesigner #moderndesign #chic #handmade #homedesign #contemporary #elledecor #decoracion #interiorinspiration #interiors #staging #homestaging #homedesign #decoration #decorlovers #vogueliving #interior #interiordecorating #styledforliving #livingedgeinteriors
One of the best ways to boost a home's style facto One of the best ways to boost a home's style factor is with a statement piece of art.
Designed by @casadopassadico 
​*
​*
​Repost via @uniqueluxurystyle 
​*
​*
​Make sure to Follow @livingedgeinteriors
*
*
*
*
*
#interior #interiordesign #architecture #interiorinspo #interiorinspiration #interiors #decor #moderndesign #theworldofinteriors #homedecor #staging #homestaging #interiordesigner #design #homedesign #adstyle #elledecor #style #interiorinspiration #interiors #homedesign #apartment #decorlovers #art #vogueliving #moderninteriors #interiordecorating #livingroom #styledforliving #livingedgeinteriors
​
Follow us on instagram

( followers)
Google Map of -36.918833, 174.816210

Address

Unit 10/368 Church St
Penrose, Auckland 1061
New Zealand

Contact us

CALL +64 (9) 630 0066

EMAIL [email protected]

  • About Us
  • Home Staging
  • Real Estate Listings
  • Interior Design
  • Listing Map
  • Contact Us
    • Unit 10/368 Church St
      Penrose, Auckland 1061
      New Zealand
    • Call +64 (9) 630 0066
    • Email [email protected]
  • About Us
  • Home Staging
  • Real Estate Listings
  • Interior Design
  • Listing Map
© Living Edge
  • Privacy Policy
  • Terms & Conditions
  • This field is for validation purposes and should be left unchanged.
MENU
  • Home
  • About Us
  • Interior Stylists
  • Sales Consultants
  • Home Staging
  • Residential
    Home Staging
  • Apartment
    Home Staging
  • Commercial
    Home Staging
  • Developer
  • Home Staging Locator
  • Real Estate Listings
  • FAQ
  • Interior Design
  • Gallery
  • Hire
  • Shop
  • Blog
  • Contact

Get in Touch

Or for an instant response call (09) 630 0066
  • This field is for validation purposes and should be left unchanged.

Modal title