Barfoot and Thompson - Latest News [Page 3]
Residential Property Sales Fall But Prices Slow To Retreat
Tuesday, 2 August 2022, 10:07 am | Barfoot and Thompson
While the number of residential properties sold in Auckland fell significantly in July, the median sales price retreated only slowly. “Prices are not falling at the same rate as declining sales numbers,” said Peter Thompson, managing director ... More >>
Auckland Median Sales Price In June Surprises Market By Rising
Monday, 4 July 2022, 10:21 am | Barfoot and Thompson
The median price paid for Auckland residential houses defied expectations in June and rather than falling, increased by 2 percent on that for May. “No one saw that modest increase coming,” said Peter Thompson, Managing Director of Barfoot & ... More >>
Orderly Price Retreat Sees Auckland House Sales Increase
Thursday, 2 June 2022, 10:40 am | Barfoot and Thompson
Auckland house prices are continuing their orderly retreat from their peak in November last year. “Sales prices are definitely starting to fall, but not dramatically,” said Peter Thompson, Managing Director of Barfoot & Thompson. “May sales ... More >>
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="https://img.scoop.co.nz/stories/images/2203/ae2efa7c95aa6aa8e5f0.jpeg" 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 >>