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, 5 days, 15 hours, 35 min. ago
 
Recommend: Forex News
 
Yuan Climbs To 2-day High Against U.S Dollar
2014-04-17 05:18:00 UTC+00 10 hours, 22 min. ago  
Views today: 1802 
BoJ Ready To Adjust Policy When Needed, Says Kuroda
2014-04-17 05:28:00 UTC+00 10 hours, 12 min. ago  
Views today: 1708 
Malaysian Ringgit Off Early 6-day High Against U.S Dollar
2014-04-17 05:39:00 UTC+00 10 hours, 1 min. ago  
Views today: 1009 
German March Producer Prices Fall More Than Expected
2014-04-17 06:34:00 UTC+00 9 hours, 6 min. ago  
Views today: 778 
Europe Car Sales Rise For Seventh Month: ACEA
2014-04-17 06:21:00 UTC+00 9 hours, 19 min. ago  
Views today: 823 

« Back to list

EUR/USD
GBP/USD
USD/JPY
GBP/JPY
EUR/CHF
AUD/USD
Apr 17 at 15:40 UTC