14.06.2012 - NZ: Property market continues to pick up |
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 |