House Market Cools in January for Auckland
Posted on February 11, 2013 by Colin Wong Areinz (Waitakere Real Estate Mreinz REAA 2008)
Both number of sales and the average sale price fell for the month of January. But this January was still the best January for the last 5 years. It’s still too early, but it may be a sign that the market is flattening out. Lack of supply could explain the relative slow month, but January is traditionally always a slow month. With house price inflation at 6% by December 2012, the market may level out for 2013.
Filed under: REAL ESTATE | Tagged: Real Estate