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NZ: House values steady in May

Posted on 09 June 2011

The residential property market was little changed overall for a sixth month in May but Auckland property values edged up, QV Valuations says. The post-earthquake Christchurch market continued to be fragmented, with strong demand in the less damaged northwestern suburbs.
Values were now 1.6 per cent lower than the same time last year, and 5.7 per cent below the market peak of late 2007, said Glenda Whitehead of QV Valuations………………………………………..Full Article: Source


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