Property market recovery strong in New Zealand, but not boom conditions, say experts

Discussion in 'Australia Property' started by Nicholas Wallwork, Aug 14, 2012.

  1. Nicholas Wallwork

    Nicholas Wallwork Editor-in-Chief Staff Member Premium Member

    Residential property sales increased in almost every region in New Zealand last month but prices fell, the latest data from the Real Estate Institute of New Zealand (REINZ) show. Sales in July increased by 19.9% compared with the same time last year but were down 3.7% compared with June.REINZ said that this means that on [...]

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  2. mattio

    mattio New Member

    Of course, it is the correlation: houses' prices fall= sales increase. I hope NZ economy will continue to go strong!
     
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