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NZ: Property market continues to pick up

Posted on 14 June 2012

The total number of houses sold in May was 7,175 while the average time to sell rose slightly to 38 days. The average house price rose more than 5% to $369,000.
ASB Bank economist Jane Turner, says shortages are driving prices up in Auckland and Christchurch, but not the rest of the country………………………………………..Full Article: Source


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