One of the 3 apartments auctioned at Barfoot & Thompson yesterday was sold under the hammer, and another was sold at an auction moved forward to the previous week. An O’Connell St office unit in central Auckland didn’t attract a bid.
Both average & median prices for homes sold through Barfoot & Thompson in May were stuck in narrow grooves. Sales were up compared to recent months, but still well below the level a year ago.
4 of the 9 apartments, townhouses & cross-leased homes auctioned at Barfoot & Thompson’s city office on Wednesday were sold under the hammer.
Barfoot & Thompson director Kiri Barfoot said in the agency’s monthly market report yesterday that, while uncertainty plagued the Auckland residential market and affected sale numbers, prices of those properties that did sell remained rock solid.
Barfoot & Thompson, which manages 16,500 residential rental properties, said today rents had bounced up in some areas since Christmas after more than a year of rises coming more slowly.
Bayleys Remuera – 2 apartments & townhouse sell – Onehunga sale for Barfoot & Thompson Commercial