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NZ: Housing market finishes 2011 on a high

Posted on 18 January 2012

Latest Real Estate Institute figures show 5300 houses changed hands in the final month of 2011, the highest number for a December in four years.
The institute says 900 more houses were sold during December than the same month a year ago. The median price rose nearly 1% to $355,000 over the same period. Adjusting for property size, prices are 3.1% higher than a year ago………………………………………..Full Article: Source


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