As Median House Prices Decline in Auckland, WeBuyProperty Will Buy Your House

As we have heard in the news last month, median house prices declined in Auckland, Hamilton and Tauranga according to the Real Estate Institute of New Zealand. In Auckland the median selling price was $800,000 in February, which means it has declined for four consecutive months since it peaked at $868,000 in October. Over that period, the Auckland median is down $68,000, or 7.8%.

In the country's largest real estate market, Auckland, 1661 homes were sold in February, also down 14% compared to a year earlier, and the REINZ said the inventory of homes for sale in Auckland was up 20% compared to a year earlier and increased particularly sharply over the last three months.

Auctions sales had also declined, with 921 homes selling by auction in February, down 29% on February last year.

Prices in Auckland have effectively stalled since the middle of last year and combined with falling sales and rising inventories of unsold homes, there was a strong sense that the Auckland market had peaked.

We Buy Property have a data base of buyers who are waiting on houses today in almost every price range, and in these uncertain times in the property market, they are the people to contact if you are looking to sell your house. They are making use of the availability of the internet to provide a hassle free selling experience for home owners. There is no longer the need for brokers and open homes because all this has been taken care of by the convenience of professional and prompt service.

We Buy Property are experienced private property buyers specialising in private house sales, thereby eliminating the need for commissions and fees. Empathy is one of their core values and when you entrust them to sell your house or property you will witness it firsthand. They respond to correspondence from potential clients with urgency because they understand how daunting the process of a home sale can be. They then handle the sale as if it were their own private property. If you consider the near market value and no obligation policy then doing business with We Buy Property beats hiring the services of a real estate agency.

To find out more, please visit the website at https://propertybuyersauckland.co.nz .