News: 2012-04-12 01:05:00 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 01:05:00 UTC+00 2 years, 8 months, 1 week, 2 days, 12 hours, 24 min. ago
 
Recommend: Forex News
 
Dollar Rallies To New 28-Month Peak Against Euro
2014-12-19 19:44:00 UTC+00 1 day, 1 hour, 45 min. ago  
Views today: 884 
Brent Crude Futures Settle at $61.38/bbl, up $2.11, 3.56 Pct
2014-12-19 19:52:00 UTC+00 1 day, 1 hour, 37 min. ago  
Views today: 780 
Canada's S&p/tsx Composite Index Provisionally Closes up 1.22...
2014-12-19 21:03:00 UTC+00 1 day, 26 min. ago  
Views today: 837 
Italy Nov Hourly Wages Rise For Second Month
2014-12-19 12:39:00 UTC+00 1 day, 8 hours, 50 min. ago  
Views today: 703 
Russian Central Bank says Raises Limit on Forex Swap to $10 Bln ...
2014-12-19 17:19:00 UTC+00 1 day, 4 hours, 10 min. ago  
Views today: 746 

« Back to list

EUR/USD
GBP/USD
USD/JPY
GBP/JPY
EUR/CHF
AUD/USD
Dec 20 at 21:29 UTC