New Zealand’s property market heats up!
This content is archived.
New Zealand’s housing market has emerged from 2008’s slump, pushed by record low interest rates, plus lots of government spending.
The median home sales price rose 6.1% during the year to end-September 2009, to NZ$350,000 (US$ 254,429), according to the Real Estate Institute of New Zealand (REINZ) - or 4.3% when adjusted for inflation.
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