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Residential housing bubble in NZ unlikely

Posted on 18 April 2012

New Zealand is unlikely to experience an overheated residential housing market in the near future as indications are for a slow improvement, a BNZ-REINZ survey indicates.
BNZ chief economist Tony Alexander said the April survey of more than 10,000 licensed real estate agents around New Zealand had found that, in general, conditions were perceived as strong in the marketplace………………………………………..Full Article: Source


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