Barfoot and Thompson - Latest News [Page 1]

Barfoot & Thompson Takes Equity Stake In Hamilton-based Lodge Real Estate

Thursday, 26 May 2022, 6:00 pm | Barfoot and Thompson

Lodge Real Estate announced today that Barfoot & Thompson has taken a 50% shareholding in the company, effective from 30 June 2022. The Auckland-based real estate agency bought the full shareholding of David Couch. Managing director Jeremy ... More >>

Barfoot And Thompson Rental Update: Rents Up By Around 3% In Most Areas

Monday, 16 May 2022, 11:07 am | Barfoot and Thompson

The average weekly rent paid for homes in most areas of Auckland has risen by around 3 percent year-on-year. The figures for end March from more than 16,000 properties managed by Barfoot & Thompson, including both existing and new tenancies, ... More >>

House Price Decline Shows Up In April Sales

Tuesday, 3 May 2022, 6:48 pm | Barfoot and Thompson

The decline in Auckland residential property prices that has been predicted following the rise in the rate of inflation and mortgage interest rates has finally shown up in sales figures. “The median and average sales prices in April fell back when ... More >>

Auckland Property Prices Show Resilience In March

Tuesday, 5 April 2022, 10:00 am | Barfoot and Thompson

Contrary to economic forecasts, the average and median sale prices of Auckland residential property in March showed resilience rather than declining. “Many market analysts will be surprised by the prices achieved,” said Peter Thompson, Managing Director ... More >>

Barfoot & Thompson Take Top Spot At Prestigious International Industry Awards

Tuesday, 8 March 2022, 3:32 pm | Barfoot and Thompson

<img src="" width="540" height="720"> Best International Real Estate Agency Over 20 Offices Barfoot & Thompson has been awarded the coveted title ... More >>

Auckland Housing Market Edging Towards More Stable Prices

Thursday, 3 March 2022, 10:17 am | Barfoot and Thompson

Rising interest rates and tighter bank lending have combined to take the heat out of the Auckland market in the first two months of the year and the long-anticipated return to a stable pricing environment is occurring. “February’s prices and sales ... More >>

Auckland Property Market Starts Year In Line With Expectations

Thursday, 3 February 2022, 10:23 am | Barfoot and Thompson

Residential property sales in Auckland were in line with normal trading patterns for the first month of the year and showed no signs that prices are under pressure from trading bank lending practices or rising interest rates. “January trading ... More >>

Quarterly Rental Update: Annual Rent Increases In Auckland Continue, But Among Lowest In A Decade

Friday, 28 January 2022, 10:15 am | Barfoot and Thompson

The average weekly rent for a home in Auckland was $609.89 in December 2021, finishing the year 2.89 per cent above December 2020’s average of $592.79. While the end-of-year figures show the continued upward trend in rents across the city, and are nudging ... More >>

Auckland Property Market Sustains Momentum To Year End

Wednesday, 5 January 2022, 5:57 pm | Barfoot and Thompson

The Auckland property market sustained its momentum right to the end of 2021 with prices at or near record levels and sales numbers remaining at high levels. “The market hit the Christmas break at full speed,” said Peter Thompson, Managing Director ... More >>

Auckland Home Buyers Focus On Higher Priced Properties

Thursday, 2 December 2021, 10:00 am | Barfoot and Thompson

The threat of rising mortgage interest rates had no impact on Auckland house sales activity in November, with prices continuing to rise and sales numbers edging closer to pre-Covid lockdown numbers. “The Auckland market showed minimal concerns about ... More >>

Resilient Auckland Property Market Edges Back Towards Normality

Tuesday, 2 November 2021, 9:57 am | Barfoot and Thompson

During its second full month of restricted sales activity, the Auckland property market edged back towards normality in October with stronger sales numbers and firmer prices. “In October, the market showed its resilience with an increased level of ... More >>

Barfoot & Thompson Now In Mangere

Monday, 1 November 2021, 9:05 am | Barfoot and Thompson

Responding to the substantial increase in development and business activity in Mangere, Barfoot & Thompson, Auckland’s leading real estate agency is thrilled to announce the opening of its new office in Mangere. Situated at 359 Massey Road under ... More >>

Quarterly Rental Update: Auckland Rents Stable During Third Quarter

Thursday, 28 October 2021, 11:10 am | Barfoot and Thompson

The average weekly rent for a home in Auckland moved less than $1 during the third quarter, ending 30 September at $606.25, according to data from more than 16,000 rental properties managed by Barfoot & Thompson. The average weekly rent ... More >>

Auckland Property Market Severely Curbed But Not Shut Down By Lockdown

Tuesday, 5 October 2021, 10:01 am | Barfoot and Thompson

Online technology gave the Auckland property market limited ability to operate in September and, although sales activity was severely curbed, it coped more effectively than during last year’s Covid lockdown. “The restrictions and restraints on open ... More >>

Barfoot & Thompson wins Large Agency of the Year Award

Friday, 17 September 2021, 8:50 am | Barfoot and Thompson

The Real Estate Institute of New Zealand (REINZ) is delighted to announce that Barfoot & Thompson has won the Large Agency of the Year Award at today’s 2021 REINZ Awards for Excellence, which were held virtually this year. Barfoot & Thompson is the only ... More >>

Lockdown Has Small Impact On Auckland Housing Market

Friday, 3 September 2021, 9:59 am | Barfoot and Thompson

The current Covid-19 lockdown Auckland is under had a small dampening effect but no significant impact on the region’s residential property sales in August. More >>

Auckland Housing Prices Shrug Off Winter Concerns

Wednesday, 4 August 2021, 10:05 am | Barfoot and Thompson

Auckland house prices shrugged off the normal winter downturn, concerns about increasing prices and warnings of possible future interest rate rises in July. “Mounting concerns about the prices being paid and possible future interest rate increases did nothing ... More >>

Quarterly Rental Update: Auckland’s Average Rent Holds Above $600 Per Week Through Second Quarter

Thursday, 22 July 2021, 12:21 pm | Barfoot and Thompson

Auckland’s average weekly rent ticked over the $600 mark in April and finished the second quarter with a June average of $605, according to data from more than 16,500 rental properties managed by Barfoot & Thompson. Director Kiri Barfoot ... More >>

Auckland House Prices Increasing At Stubbornly High Rate

Monday, 5 July 2021, 9:56 am | Barfoot and Thompson

The onset of winter and the new regulations aimed at making home buying less attractive to investors did not dampen the price, or the number of Auckland houses sold in June. “Normally in June sales numbers start to edge lower, but this year we sold 1243 ... More >>

Housing Market Unmoved By Latest Restrictions

Wednesday, 2 June 2021, 10:03 am | Barfoot and Thompson

May’s Auckland housing sales data shows no hint that restrictions imposed in March have had an impact on prices or sales numbers. “Trading in May was excellent, with the median price increasing, the average price being in line with the record price ... More >>