| 06.07.2009 - New Zealand’s house prices rise for first time in six quarters |
| From Bloomberg: New Zealand house prices rose for the first time in six quarters, signaling the property market is stabilizing and may help the economy recover from a recession. Average prices gained 0.4 percent in the three months ended June 30 from the preceding quarter when they fell 2.1 percent, Quotable Value New Zealand Ltd., the government valuation agency, said in an e-mailed report.........Full Article: Source |