Gap opening up between town and country in New Zealand property market, report shows

Discussion in 'New and Emerging Property Markets' started by Nicholas Wallwork, Dec 1, 2009.

  1. Nicholas Wallwork

    Nicholas Wallwork Editor-in-Chief Staff Member Premium Member

    [​IMG]Cities are driving the residential property price rise in New Zealand, leaving the rest of the*country behind, according to a new report.

    A two tier real estate market is emerging with the main centres of Auckland, Wellington and*Christchurch performing well while rural areas face an extended property market hangover, says the*latest market report from real estate.co.nz.



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