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New Zealand March house sales soar 25pct from year earlier

Posted on 16 April 2012

New Zealand house sales in March recorded the best monthly result since November 2007, adding to signs of a real-estate-market recovery that may boost consumer confidence and spending later this year.
Sales rose 25.3 percent from a year earlier, the Real Estate Institute of New Zealand said in a report today. Sales reached 7,330 in March from 6,168 in February, according to the figures, which don’t adjust for seasonal variations………………………………………..Full Article: Source


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