The latest figures from Auckland’s biggest real estate agency show that nearly half of all the city’s homes sold in November changed ownership for more than $1 million. “Buyers are not being deterred by current prices or concerns about whether residential property will hold its value in the months ahead,” said Peter Thompson, managing director of Barfoot & Thompson. “Buyers are convinced that the time is right to buy, and if they have the support of their bank, and can meet the repayments, then they are prepared to commit.” Auckland has now experienced five months of sustained month-on-month growth, and sales during November were the highest they’ve been in more than five years.