Search

Search News Search Questions

News > Property Management > Stand-off in Auckland property boom

Property Management

Stand-off in Auckland property boom

Auckland vendors hold out for maximum return while purchasers have more choice and refusing to be rushed

Wednesday, December 11th 2002

Barfoot and Thompson Director Peter Thompson believes its more than the normal pre-Christmas slowdown.

He thinks vendors are holding out for the maximum return while the seasonal influx of listings means purchasers have more choice and are refusing to be rushed into buying.

The average price for a home in Auckland has climbed for the fourth month in a row. It is now $367,000, 11,000 more than last month. The average price has increased by more than $44,000 since July.
Read More - Opens in a new window

Next Article

Rental Shortage: Hawera, New Plymouth

Most Read

See more News >

Top Mortgage Rates

Unity First Home Buyer special 4.29
SBS FirstHome Combo 4.29
Co-operative Bank - First Home Special 4.89
Westpac Special 4.95
ICBC 4.99
SBS Bank Special 4.99
China Construction Bank 4.99
Unity Special 4.99
Co-operative Bank - Owner Occ 4.99
TSB Special 4.99
ANZ Special 4.99
Wairarapa Building Society 4.75
Westpac Special 4.95
Nelson Building Society 4.97
SBS Bank Special 4.99
Co-operative Bank - Owner Occ 4.99
Unity Special 4.99
TSB Special 4.99
ANZ Special 4.99
ASB Bank 4.99
AIA - Go Home Loans 4.99
Kainga Ora 4.99
Westpac Special 5.39
ICBC 5.49
BNZ - Classic 5.59
SBS Bank Special 5.69
Co-operative Bank - Owner Occ 5.69
AIA - Go Home Loans 5.69
ASB Bank 5.69
BNZ - Std 5.79
Kiwibank Special 5.79
Kainga Ora 5.79
TSB Special 5.89
SBS FirstHome Combo 3.94
SBS Construction lending for FHB 3.94
AIA - Back My Build 4.44
CFML 321 Loans 5.25
Co-operative Bank - Owner Occ 5.95
Co-operative Bank - Standard 5.95
Heartland Bank - Online 6.25
Kiwibank - Offset 6.35
Kiwibank 6.35
TSB Special 6.39
Kainga Ora 6.44

Full Rates Table

More Stories

Four decades of 6-7% yearly house price growth ending

Friday, March 21st 2025

Four decades of 6-7% yearly house price growth ending

New Zealander’s reliance on property capital gains in the mid-single digits is at an end.

[TMM Podcast] Yelsa serves up “marine reserve” of property buyers

Friday, January 31st 2025

[TMM Podcast] Yelsa serves up “marine reserve” of property buyers

It’s been years in the making and former real estate agent Mike Harvey is now coming to market with his platform matching buyers and sellers, an offering he says will be a gamechanger for the industry.

Leaving last year's stumbling housing market behind

Friday, January 17th 2025

Leaving last year's stumbling housing market behind

As interest rates ease and job losses climb, New Zealand’s housing market faces a mixed year of modest growth, with conflicting forces shaping the outlook for homebuyers and investors.

Don’t bet on house prices rising faster than incomes

Wednesday, January 15th 2025

Don’t bet on house prices rising faster than incomes

Former Reserve Bank Governor and National Party leader Don Brash says there are grounds for believing that house prices may finally have ended the three-decade period when they rose significantly faster than incomes.

Landlords
© 2025 Tarawera Publishing Ltd.