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

[Nicholas Wallwork]

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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