Housing market

 

PHOTO: 123RF Stagnant prices provide more of an opportunity to save.

First-home buyers have an opportunity they’ve not had for a while – waiting and saving could leave them thousands of dollars better off.

Auckland’s housing market is flat and looks set to stay that way for the short-term.

New data from real estate agency Barfoot & Thompson shows that prices in January 2019 were at the same level seen in January 2018, although the number of sales were higher.

ASB economist Jane Turner said it showed the market was stable and prices were likely to remain flat for the time being.

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