The average price of a home in Auckland is now more than $400,000, 16.5 percent higher than the same time last year.
Tuesday, April 13th 2004, 8:38PM
by The Landlord
Barfoot and Thompson director Peter Thompson says in March 2003 home buyers were forking out around $352,000 for an average home. A year later, the figure is $411,000.
But he says that with more properties coming onto the market providing more competition, some sellers are having to reduce their price to meet the market.
