New Zealand Housing Market Shows Sign of Improvement in March


  • 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


   "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
Eurusd Recovers After Making Low of 1.08500, ECB in Focus
2017-04-27 09:38:00 UTC+00 12 hours, 59 min. ago  
Views today: 792 
Gold Recovers Slightly from Recent Low, Geopolitics Eyed
2017-04-27 06:50:00 UTC+00 15 hours, 47 min. ago  
Views today: 734 
the Day ahead 27th April 2017
2017-04-27 05:01:00 UTC+00 17 hours, 36 min. ago  
Views today: 799 
Most Asian Markets in Red, Gold Stabilizes Below $1,270
2017-04-27 04:57:00 UTC+00 17 hours, 40 min. ago  
Views today: 705 
Central Bank of Russia Likely to Continue Cautious Monetary...
2017-04-27 10:25:00 UTC+00 12 hours, 12 min. ago  
Views today: 748 

Support and resistance levels

Apr 27 at 22:37 UTC