Booming sales in the Super City
Barfoot & Thompson recorded 1,099 sales in September – which was 4.2% higher than last month and 42.5% higher than sales numbers in September last year.
This was the highest number of sales in a month since the peak of the last property cycle in 2017, the agency’s managing director, Peter Thompson says.
“The key to the high sales numbers achieved in September was the number of new listings that came on to the market which, at 1,947, was the highest number in a month since October 2018, and 43.8% higher than in August.”
He says the large increase in listings released some of the competition for properties that had built up among buyers and was influencing prices.
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