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Auckland Prices Up In March

Auckland Prices Up In March

Ongoing lack of supply has started to push Auckland’s prices up again,Barfoot & Thompson says.

The average sales price rose by 5.4%, from $822,024 in February to $866,782 in March.

The number of houses sold in March was up 92.1% from 698 sales in February to 1341 sales in March.

The lack of supply continues to be the main driver- at the end of March listings were down 6.8% on February according to Peter Thompson.