News

New Zealand Housing Market Shows Sign of Improvement in March

News

  • New Zealand housing market shows sign of improvement in March with index rising 3 pct in year to March
  • The index is up 0.5 pct over the past three months but is still 3 pct below its peak in late 2007
  • Christchurch prices were up 1.1 in last quarter to rise 4.1 pct y/y
  • The average sale price over the three months to March was around NZ$402,317 or $ 329,768 per unit

Quotes

   "Activity levels have been bolstered by first home buyers having enough confidence to enter the market, while some existing home owners are now ready to make a move they may have been delaying for several years,"

- Jonno Ingerson, QV research director

Recommend: Forex News
 
Fxwirepro:eur/usd Trade Idea
2017-01-20 12:03:00 UTC+00 1 day, 13 hours, 47 min. ago  
Views today: 915 
Americas Roundup: Dollar falls As Investors Review Trump...
2017-01-20 21:49:00 UTC+00 1 day, 4 hours, 1 min. ago  
Views today: 875 
Puerto Rico Gov. Ricardo Rossello Letter to Puerto Rico Federal...
2017-01-20 21:03:00 UTC+00 1 day, 4 hours, 47 min. ago  
Views today: 922 
NZ Dollar Advances Against Majors
2017-01-20 05:03:00 UTC+00 1 day, 20 hours, 47 min. ago  
Views today: 798 
Germany's Producer Prices Rise Most Since 2013
2017-01-20 07:21:00 UTC+00 1 day, 18 hours, 29 min. ago  
Views today: 836 

Support and resistance levels

EUR/USD
GBP/USD
USD/JPY
GBP/JPY
EUR/CHF
AUD/USD
Jan 22 at 1:50 UTC