Barfoot and Thompson, Auckland's biggest real estate firm, is suggesting there may be signs the Auckland housing market's levelling out.

The firm's sales figures comparing June with July this year show a decrease of 4.5 percent to an average sale price of just over $867,000.

Quotable Value figures released yesterday which encompass all residential sales show a different map of the market - an average price increase over the last three months for Auckland was 5.6 percent.

They also put Auckland's average sale price for the year to July at more than $992,000.

But Chief Executive Officer Wendy Alexander said their figures show unmistakable signs that prices are stabilising, but she's not so confident to say prices are plateauing because winter and the school holidays can slow the market.

She said it's evident buyers remain prepared to pay a fair price, that's reflected in auction results, but they will not necessarily pay just any price.

She does expect the Reserve Bank's new loan-to-value restrictions brought in to curb the use of low-deposit loans and help build resistance in the financial system will start taking affect this month.