Not only has the Govt’s crackdown not evened out the housing prices, we are actually seeing new figures for June that bucks the winter trend.
Sale prices by Barfoot and Thompson for June were up 2.6% on May, an average of one point one four million, while the median price was also up 3.4%.
Actual house sales were up 3.8% on May and their total listings were the lowest at a month's end for five years, they are flying out the door.
Bear in mind there is usually a dip as we come in winter but not this year, bucking the trend.
Barfoot and Thompson managing director Peter Thompson told Mike Hosking there are a couple of factors that are contributing to the increases.
“There are a lot more people looking to buy at the moment because they have cash in their hand, or low interest rates.”
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