Rural/Lifestyle Property Market Trades Strongly, Auckland Urban Market Activity Builds

A strong trading month in the rural/lifestyle property market and increased buyer activity in the Auckland urban area were features of June trading as the property market settled into its winter trading pattern. “While prices in June remained solid and sales numbers were modest, there were a number of underlying trends that suggest greater activity was building than has been present over the last few months,” said Peter Thompson, Managing Director of Barfoot & Thompson.“There are more first-time buyers looking, there is a shortage of properties in the $800,000 to $1 million price segment resulting in competition for properties, vendors are more inclined to meet the market and the banks are s

Premium Team

Munish Bhatt 022 068 6474 & Gurbir Sodhi  027 552 7626 

Barfoot & Thompson Auckland

E: m.bhatt@barfoot.co.nz  & E: g.sodhi@barfoot.co.nz

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