Eastern Courier : March 9th 2011
6 EASTERN COURIER, MARCH 9, 2011 NEWS WAITEMATA BACKCARE BEDS Bishop Dunn Place off Te Irirangi Drive by Mitre 10 Mega BOTANY Home of mattresses Medically proven pressure relief Reduced partner disturbance Individual comfort & support Deeper--Restful--Sleep Try one today! PHONE 09 271 5080 www.sleepsolutions.net.nz SUNDAY, 13 MARCH 2011 Leave the city behind you and join us out in the paddock for some FREE family fun! Experience the sights, sounds and smells of farming. BILL AND LYN CASHMORE Cashmore Farms 3,000 acre hill country sheep and beef farm 389 Kawakawa-Orere Road 20 minutes east of Clevedon on the road between Kawakawa Bay and Orere Point Five shearers shearing 2,000 sheep Interactive activities for children Working dog demonstrations Native bush walks 4X4 wheel drive trips from stream to sky 10am -- 3pm Visit www.farmday.org.nz for maps, directions and further information FARM DAY is a national agricultural event coordinated and hosted by Federated Farmers of New Zeala nd Supported by the Government s Sustainable Farming Fund Vo M M A o ! Free admission for Aucklanders with proof of address. Explore Auckland s beautiful harbour on one of Voyager s sailing vessels for only $10 adults and $5 children. Discover more at Voyager. Open 9.00am-5.00pm Corner Quay & Hobson Streets Viaduct Harbour Auckland Ph: +64 9 373 0800 www.maritimemuseum.co.nz Six Year Warranty Energy Efficient Quiet and Discreet • • • visit us: 12/318 Beach Haven Rd Mon-Fri 9am-5pm, Sat 9am-1pm Call for your FREE quote: 0800 4 FONKO (0800 4 36656) NOW installing HITACHI Heat Pumps! Housing market bounces back ' New listings at 1529 were close to what we would expect at this time of the year in a moderately active market ' Peter Thompson Managing director Barfoot and Thompson There were signs of life in the Auck- land housing market in February. Leading real estate company Barfoot and Thompson says their sales increased on January s by 9.9 percent to 619 and the average price rose 1.2 percent to $521,887. In February, the average price and the number of homes sold were virtually the same as in February last year, managing director Peter Thompson says. The number of homes sold in the month is on a par with the number we have sold at this time of the year for the past four years, while the average price is the highest we have ever achieved for the month of February. Mr Thompson says another positive factor is that during the past three weeks of February the number of sales agreements reached was higher than for the same three-week period last year. A key factor was the return of new sellers. New listings at 1529 were close to what we would expect at this time of the year in a moderately active mar- ket. Sales across the region and in the various price segments were consistent with regular patterns. Mr Thompson says at the end of February the company had 6053 homes on its books, 3.4 percent more than in January but down 3.1 percent on February last year. The key to the market continuing to turn over modestly is new listings. There is not a glut of homes on the market, there are buyers out there and there is competitive mortgage money available. What remains tight is choice. Meanwhile, the average weekly rent in February dropped by $14 to $402 from January s all-time high of $416. The fall in weekly rent was antici- pated as the normal influx of people into Auckland over January eased, Mr Thompson says. Even so, February s average price is $12 above the average rent for this time last year.
March 4th 2011
March 11th 2011