2010
09.09

House prices gradually declining
Property values have continued to decline gradually over the past few months as market sentiment remains cautious, according to the August report by QV. Property values have dropped 1.1% since March this year, after rising 4.3% in the previous seven months. As a result, values are now 3.1% above the same time last year, and 5% lower than the market peak of late 2007. However, the average sales …

Read more on New Zealand’s National Business Review

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