Northland Property Investors' Association


News & Updates

Recent updates

  • Cheaper sales pick up: Barfoot
    Barfoot and Thompson has reported renewed interest in the cheaper end of the market. The Auckland real estate agency has released its statistics for January. During the month, 334 homes were sold for less than $500,000 or 39.1% of all the homes sold.
    05-02-2014 more >>
  • Fewer entry-level sales reported
    Houses in the cheapest price brackets were not sold as frequently as more expensive homes in December, continuing a trend spotted in November.
    08-01-2014 more >>
  • Barfoot: Rules having no impact yet
    Loan-to-value restrictions appear to be slowing the rate of sales under the hammer, Barfoot and Thompson says. The real estate agency says there has been a reduction in the number of homes sold at auction but sales had been occurring later after negotiations between the buyer and seller.
    04-12-2013 more >>
  • Auction numbers still hot but 'may lose favour'
    More people may decide not to sell their properties by auction over the next couple of months as loan-to-value restrictions kick in, the Real Estate Institute says.
    06-11-2013 more >>
  • Barfoot reports listings increase
    Buyers had more properties to choose from in October than they have had in quite a while, Barfoot and Thompson’s latest figures show.
    05-11-2013 more >>
  • It could take months to see LVR impact: Agency
    It could be up to six months before it’s clear whether the Reserve Bank’s new loan-to-value speed limits have made any difference to the Auckland property market, says real estate agency Barfoot and Thompson.
    03-10-2013 more >>
  • No upwards price pressure, agency reports
    Auckland’s average price is slowly dropping, the city’s biggest real estate agency reports. Barfoot and Thompson’s average sales price in August was $647,647, more than $6700 lower than in July and more than $2200 lower than in June.
    04-09-2013 more >>
  • Price growth not exceptional: Barfoot
    Barfoot and Thompson says Auckland property price rises over the past ten years are similar to the returns delivered by other forms of investment over the period.
    28-08-2013 more >>
  • New listings offer no supply boost: Barfoot
    Barfoot and Thompson reported a jump in new listings in July – but still ended the month with fewer properties on its books than at any other time in history.
    05-08-2013 more >>
  • Auckland house prices hold steady
    There was little change in Auckland's average house price last month, according to Barfoot and Thompson. It reported a $5000 lift on May's average, to reach $649,945 in June.
    03-07-2013 more >>
  • Rebalancing period over: Barfoot
    Auckland house prices were steady through May, Barfoot and Thompson says. The city’s biggest real estate agency reported that the average sales price in the month was $644,737, an increase of less than $2000 on the April price and $1500 below March’s record. The median sales price was $570,000, $4000 up on April and $10,000 down on March.
    06-06-2013 more >>
  • Million-dollar sales pick up
    Houses selling for more than $1 million have pushed Auckland’s average sales price to a record $645,928 for March, Barfoot and Thompson reports.
    04-04-2013 more >>
  • Barfoot reports strong January sales
    Barfoot and Thompson has reported its most active January in five years. The agency said its average price in Auckland in January this year was more than $600,000 and there was a big lift in new listings and sales.
    05-02-2013 more >>
  • Sales booming but prices steady: Barfoot and Thompson
    Auckland house prices sold in record numbers in August but prices remain steady, Barfoot and Thompson says. Managing director Peter Thompson said: “In August we sold 1016 homes, the third time this year that we have sold more than 1000 homes in a month. In terms of sales numbers we are certainly in a period of high activity as in the previous four years we sold 1000 homes in a month on only one other occasion (in March 2011).”
    05-09-2012 more >>
  • Inventory at lowest level in seven years
    High rates of property sales in Auckland in July reduced the number of properties for sale at the end of the month to their lowest level in seven years.
    03-08-2012 more >>
  • More sales? Don't blame the interest rates: Harcourts
    Increased real estate sales are being driven by more than just low interest rates, says Harcourts chief executive Hayden Duncan.
    15-06-2012 more >>
  • Auckland sales slip almost 40% in April
    April house sales in Auckland fell almost 40% on March, but prices remained relatively stable, according to the latest Barfoot & Thompson figures.
    03-05-2012 more >>
  • Auckland sales hit five year peak in March
    Strong buyer interest saw Barfoot & Thompson experience its busiest March trading for five years.
    05-04-2012 more >>
  • Auckland sales soar in February but price growth muted
    Auckland saw the largest number of house sales in the February month for five years but listings remain low and price rises modest, according to Barfoot & Thompson.
    05-03-2012 more >>
  • Auckland market sees strongest January for four years
    The Auckland property market saw its strongest January in four years with prices reaching the highest average ever for the month, according to Barfoot & Thompson.
    03-02-2012 more >>
  • Auckland prices up, December sales at five year high
    The Auckland housing market had a strong finish to 2011 with the average selling price up $5,500 on November to $573,071 - the second highest average for the year.
    11-01-2012 more >>

  • Results: 1-21 of 21

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