Real estate agents are declaring that higher prices are being achieved for Auckland properties, but is it just the experience of a few isolated sales or an all round improvement?

The latest monthly report from real estate agency Barfoot & Thompson revealed that prices achieved on the sales of Auckland properties are at a 22-month high.

In October, the average price it achieved on residential homes in Auckland was $544,745.

Remax NZ is attemping to liquidate One Tree Hill Realty, due to an unpaid debt but the former franchisee says the amount is seriously disputed.

One Tree Hill Realty is a former franchisee of Remax, an American-originated real estate agency that charges agents $2000-3000 a month but lets them keep their full commission.

Most agencies have the estate agents on a base salary, keeping a portion of each sale’s commission.

One Tree Hill Realty director Patrick Neil O’Connor says the $100,000 Remax says it is owes is seriously disputed.