Auckland house sales are showing no early signs of being restrained by Reserve Bank restrictions on high loan-to-value home loans introduced last month, according to realtor Barfoot & Thompson.

Sales rose 8.9 per cent to 1,203 in October from September, the firm said in a statement on Tuesday. The average price rose 0.8 per cent to $NZ663,123 ($A583,606) while the median price declined 1.7 per cent to $NZ590,000. From October 1, the Reserve Bank has required banks to restrict…