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Market slow but steady – B&T

Barfoot & Thompson managing director Peter Thompson
Tuesday 6th of June 2017

Auckland’s largest real estate agency released its May data today and it provides more evidence of the considerably slower pace of the city’s market.

New listings were up and so too were the total number of listings on the market, especially compared to this time last year.

Barfoot & Thompson managing director Peter Thompson said there were 1,734 new listings in May, which an increase of 34.1% as compared to April when there was 1,293 new listings.

However, that figure was a drop of 6.6% on the average number for the previous three months and new listings were also 9% lower than they were in May last year when there was 1,905, he said.

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