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NZ: Housing market confidence weakens

Posted on 10 August 2010

From Tvnz.co.nz: House price expectations continued to fall over the last quarter while housing confidence remained steady, according to the latest ASB NZ Housing Confidence Survey.
ASB Chief Economist Nick Tuffley said that housing confidence was unchanged during the three months to July, with a net 29% of respondents still saying that now is a good time to buy a house. However this is tempered by a slide in perceptions around house prices……………………………………….Full Article: Source

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