Barfoot & Thompson
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Barfoot & Thompson is New Zealand's largest privately owned real estate company, still run by the Barfoot and Thompson families after more than 90 years.
We have more than 1,700 salespeople in over 65 branches selling residential, lifestyle and rural, and commercial real estate across Auckland and Northland.
We also manage over 14,000 rental properties and have residential property managers in over 60 of our branches.
Our non-franchised network means our salespeople are free to introduce any buyer to any property in our system, giving us greater selling power. We sell around one in every three Auckland homes.
AUCKLAND — Lower sales numbers are finally having an effect on Auckland residential property sales prices.
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While the number of residential properties sold in Auckland in May was low compared to previous years, prices showed no signs of retreating.
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Auckland property sales numbers fell to their lowest level in an April since the 2008 global financial crisis last month, but lower turnover had a limited impact on sales values.
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Uncertainty about prices dominated the Auckland residential housing market in February, with sales numbers falling to their lowest monthly total in six years, and available choice being at its highest for five years.
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In a break with tradition, both the average and median sales price for Auckland homes in January held on to the prices being paid for property in December.
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A typical, solid December’s trading confirmed that Auckland residential property prices, while stable at year end, had stopped rising.
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AUCKLAND — After seven years of constantly rising prices, November’s sales data points to the Auckland housing market ‘turning’ but remains well positioned to achieve a soft landing.
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Buyers in the Auckland property market have become more selective, but for the right property are prepared to meet the auction reserve or asking price.
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AUCKLAND — The combination of tighter mortgage lending restrictions and perceptions that residential property is fully priced continues to slow Auckland housing activity.
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AUCKLAND — For the first time in 5 years, the Auckland housing market is showing unmistakable signs that prices are stabilising, and may even be plateauing.
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AUCKLAND — Higher Auckland house prices are not flowing through directly into the rental market, with the city's average weekly rents continuing to follow a more tempered trend of year-on-year increases of around 5%.
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AUCKLAND — Prices edged up slightly in Auckland's residential property market in June, while the number of sales and listings were consistent with the same period last year.
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AUCKLAND — Auckland residential property prices have lost their upward momentum.
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AUCKLAND — Auckland house sales activity quietened in April after a busy March, with only a marginal increase in the average price, and sales numbers down significantly.
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AUCKLAND — Early 2016 got off to a busy start for landlords and renters, while average weekly rents edged up only slightly over the first few months of the year.
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AUCKLAND — The prospect of Auckland house prices continuing to increase throughout the year has returned with March's average sale price reaching $866,782, and the median price reaching $798,000."
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AUCKLAND — Auckland residential house prices in February have retreated from the record prices set in the second half of last year but are still higher than where they were at the same time last year.
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AUCKLAND — Auckland's central city apartment market has increased in value more than any other area of the region over the last 18 months.
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AUCKLAND — "January activity was the normal mix of ups and downs that occur in the first month's trading," said Peter Thompson, Managing Director of Barfoot & Thompson.
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AUCKLAND — Barfoot & Thompson has proudly joined ‘the team behind the team’ as an Official Partner of the New Zealand Olympic Team.
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AUCKLAND — Poring over property listings has become a new Auckland pastime, with nearly a third of Auckland homeowners (31%) reporting that they search for property ‘all the time’, whether they are in the market or not. A further 48% say they ‘sometimes’ search property listings, despite not actually being in the market for a new home.
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AUCKLAND — The increase in the average residential property price in Northland at 10 percent for the year ending December 31, 2015, was similar to that experienced in Auckland.
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AUCKLAND — In December the sales price of Auckland housing remained stable but there was a significant fall in the number of sales compared to those in November and December 2014.
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AUCKLAND — In November the Auckland housing market showed it is not yet ready to give up on price increases, with the average sales price increasing over that for October by 4.2 percent to $876,075 and the median price increasing by 1.9 percent to $795,000.
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AUCKLAND — Barfoot & Thompson is excited to announce a new partnership with the Well Foundation, the official fundraising body for Waitemata District Health Board (DHB).
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AUCKLAND — Eight young students have joined a star-studded team of sportspeople and artists to launch Home Sweet Home & Seven Hearty Tales – the latest book from the Barfoot & Thompson Young Authors Challenge, with all proceeds going to the Starship Foundation.
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AUCKLAND — The jury remains out as to whether the latest Reserve Bank and Government initiatives have halted the rise in Auckland house prices with the average sales price in October increasing and the median price declining.
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