NZ property value growth slowed in March, but Auckland may be picking up, QV says

Wed, 06 Apr 2016

By Tina Morrison April 6 (BusinessDesk) - New Zealand property value growth continued to slow in March, although the trend may be coming to an end, according to state-owned valuer QV. The average value of a New Zealand home rose at an 11.4 percent annual rate in March to $559,492, slowing from February's 11.6 percent pace and January's 12.6 percent rate, QV said. Values were up 0.2 percent in the three months through March, ahead of the 0.1 percent pace in the three months through February. Property values in Auckland rose an annual 16...

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