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NZ: Home truths about the housing market

Posted on 19 April 2012

The housing market is warming up, especially in Auckland. Is this the start of another economically debilitating and socially destructive boom, like that of the mid-2000s?
Probably not. The pick-up in housing market turnover is from a depressed base while the rise in prices, so far modest, is from a very high base relative to incomes………………………………………..Full Article: Source


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