Property prices in New Zealand reach 20 year high for the month of March, figures show

Nicholas Wallwork

Nicholas Wallwork

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Residential property prices in New Zealand have risen to their highest March level in two decades,*while the number of sales also increased, the latest reports show.

The median sale price of homes in New Zealand rose to $360,500, some 7% up on the same period*last year, and the highest March figure in 20 years, according to the data from the Real Estate*Institute of New Zealand.



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