Auckland sales hit five year peak in March
The company sold 1,246 homes in March, up 63.1% from February and 16.4% higher than March 2011.
The average sales price for the month was $571,076, up 6.5% on February but down 1.7% on the year earlier.
"March was a month where the views of buyers and sellers reached common agreement as to where values were at, and we experienced the highest level of sales since March 2007," said managing director Peter Thompson.
He said the average price was at its highest point since December 2011 and that accompanied with the high turnover, suggested buyers are confident in the long-term value of Auckland property.
Click the button below to subscribe and will have free unlimited access for a limited time to full article and all other articles on the site.
You will also be able to comment on articles on Good Returns.
![[Weekly Wrap] Research shows KiwiSaver is a key issue in the election; GRTV Special looks at what's on offer.](https://goodreturns.publit.io/file/c_fill,w_300,h_200/36b7de93-7b53-4a06-855a-4a8f4009a280.webp)
