3 Jul 2014

Auckland house prices edge higher

1:41 pm on 3 July 2014

Auckland's largest real estate agency says sales slowed in June but average prices continued to edge higher as it sold more homes worth more than $1 million.

Barfoot & Thompson says it sold a 1037 in June, down 6.5 percent on sales in May and down from the 1060 it sold in June last year.

Auckland house prices continue to edge higher.

Auckland house prices continue to edge higher. Photo: PHOTO NZ

The average sales price rose 1.6 percent from May to $714,000, the second-highest average price on record.

New listings in June of 1149 were down nearly 13 percent from May and the lowest monthly number this year.

That left Barfoot & Thompson with nearly 3800 properties on its books at the end of June, the lowest number in five months.