Wednesday, Jan 16, 2008

House prices dropping in NZ.

New Zealand Herald: Cheaper houses may be on the way as market tanks

For those frozen out of the housing market by high prices, data suggested cheaper houses may be on the way, economists said today. Real Estate Institute (REINZ) figures showed the median house price fell 2 per cent in December...

Posted by ashwina @ 03:43 AM (260 views) Add Comment

1 Comment

1. geed said...

I notice they use the median rather than the average. Clever Kiwi's.

Wednesday, January 16, 2008 09:25AM Report Comment
 

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