News: 2012-04-12 00:05:00 UTC+00

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

Published: 2012-04-12 00:05:00 UTC+00 2 years, 3 months, 2 weeks, 6 days, 1 hour, 40 min. ago
 
Recommend: Forex News
 
Malaysian Ringgit Weakens To 4-week Low Against U.S. Dollar
2014-08-01 04:39:00 UTC+00 3 hours, 6 min. ago  
Views today: 627 
Singapore Dollar Falls To 4-week Low Against U.S. Dollar
2014-08-01 04:40:00 UTC+00 3 hours, 5 min. ago  
Views today: 616 
Canadian Dollar Drops Against U.S. Dollar, Euro
2014-08-01 04:53:00 UTC+00 2 hours, 52 min. ago  
Views today: 684 
Pace of Expansion in Japanese Economy Does Not Warrant Further...
2014-08-01 06:03:00 UTC+00 1 hour, 42 min. ago  
Views today: 591 
Uk Manufacturing Pmi Likely posted a Modest Decline in July
2014-08-01 05:03:00 UTC+00 2 hours, 42 min. ago  
Views today: 639 

« Back to list

EUR/USD
GBP/USD
USD/JPY
GBP/JPY
EUR/CHF
AUD/USD
Aug 1 at 7:45 UTC