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
Barfoot & Thompson managing director Peter Thompson said yesterday Auckland house sales in February were at their lowest monthly level since the height of the global financial crisis in December 2008.
Barfoot & Thompson won the award for best real estate company in the world at International Property Media Ltd’s awards in London on Monday.
Both industrial properties auctioned at Barfoot & Thompson today, one in Mt Wellington and the other in Onehunga, sold under the hammer.