07.09.2011 - Analysts predict strong Spring property market in New Zealand
The residential property market in New Zealand is now showing all the signs of gearing up for a much stronger Spring season than has been seen for a number of years, according to the latest NZ property report. The truncated mean asking price for all new listings in August rose significantly from $403,474 in July to $415,0784. On a seasonally adjusted basis the asking price rose by 2.7% in the month indicating that there is an emerging confidence amongst sellers of stronger prices, the report shows..............................................Full Article: Source
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