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N.Z. House prices rise at slowest pace in 13 months

Posted on 07 December 2010

From Bloomberg: New Zealand house prices rose last month at the slowest pace in more than a year as consumer confidence slumped, according to a report from Quotable Value New Zealand.
Prices advanced 0.3 percent in November from a year earlier, after gaining 1.1 percent in October, according to an index compiled by Quotable Value. The growth of house values has been falling since March, the Wellington-based government agency said in an e-mailed statement today……………………………………….Full Article: Source

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