01.11.2010 - NZ property could be stagnant for months

From Smh.com.au: A stagnant climate in New Zealand's property market could last for months, after the usual spring lift in the market failed to show up in October, real estate industry website realestate.co.nz says. Spring is a pivotal time in the property market, as better weather returns and more houses are usually listed. In October, 11,911 properties came onto the market, a 12.1 per cent drop from the same month last year...........................................Full Article: Source

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