Fall in property prices and sales in New Zealand heralds a softening in the real estate market

Discussion in 'Australia Property' started by Nicholas Wallwork, May 14, 2010.

  1. Nicholas Wallwork

    Nicholas Wallwork Editor-in-Chief Staff Member Premium Member

    [​IMG]Residential real estate prices and sales in New Zealand fell in April but experts believe the*market is steady and not subject to speculation over measures to be announced in the forthcoming*Budget.

    Overall prices fell by 0.4% in April but they are up 6.2% compared with a year ago and just 3.7%*below their peak in November 2007, the figures from the Real Estate Institute of New Zealand show.



    [​IMG] Click Here to Read The Full Story and Add your Own Comments to Fall in property prices and sales in New Zealand heralds a softening in the real estate market
     
Loading...

Share This Page