Monday, Feb 11, 2008
New Zealand's bubble
Bloomberg: New Zealand House Prices Increase the Least in a Year
"New Zealand's house prices rose at the slowest pace in 12 months as record-high interest rates and rising living costs curbed demand for property". "In December, the interest rate on a two-year fixed mortgage was 9.38 percent, up from 8.18 percent a year earlier".
Posted by alan @ 09:26 AM (219 views) Add Comment
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