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, 4 months, 2 weeks, 4 days, 18 hours, 5 min. ago
 
Recommend: Forex News
 
Dollar Extends Yearly Highs As Europe Waits On Stimulus
2014-08-29 17:26:00 UTC+00 16 hours, 44 min. ago  
Views today: 747 
Euro Area Inflation may have bottomed Out at 0.3%
2014-08-29 19:08:00 UTC+00 15 hours, 2 min. ago  
Views today: 735 
Gold Ends Lower On Upbeat Data, Strong Dollar
2014-08-29 18:33:00 UTC+00 15 hours, 37 min. ago  
Views today: 780 
For the Week, the Dow Rose 0.6 Pct, the S&P 500 gained 0.7 Pct ...
2014-08-29 20:02:00 UTC+00 14 hours, 8 min. ago  
Views today: 675 
White House says Russia's Denials of Interference in Ukraine are...
2014-08-29 16:21:00 UTC+00 17 hours, 49 min. ago  
Views today: 721 

« Back to list

EUR/USD
GBP/USD
USD/JPY
GBP/JPY
EUR/CHF
AUD/USD
Aug 30 at 10:10 UTC