Thursday, Aug 09, 2007

New Zealand house prices starting to burst?

Real estate institute of New Zealand: New Zealand house prices brace against winter chill

Two consecutive months of declines in national house prices and sales volume has tumbled (to levels last seen in 2001). Looks like th tops in, and with floating rates an eye popping 10.25% the only way is down in kiwilandia.

Posted by andy h @ 04:40 AM (129 views) Add Comment

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