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NZ: Residential property price rises stalling

Posted on 11 January 2012

Residential property prices, which were recovering slowly, have started to stall according to Quotable Value’s (QV) latest report. This is despite the QV price indices for December showing residential values have increased by 2.4% over the last few months putting prices 3.5% below the 2007 peak market price.

The increase in values towards the end of the year was perhaps more of an aberration rather than a sign of a universal recovery, QV’s research director Jonno Ingerson says…………………………………….Full Article: Source


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