Property sales in New Zealand reach highest monthly level since 2007

Nicholas Wallwork

Nicholas Wallwork

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Last month sales of residential property in New Zealand increased by 7.5%, their highest level for the month of May since 2007, the latest data from the Real Estate Institute of New Zealand shows. The data also shows that the national median price increased $1,500 compared to April and remains just $8,000 below the record [...]

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