NZ property values rise at fastest pace in 9 months in March: QV

Tue, 31 Mar 2015

By Suze Metherell April 1 (BusinessDesk) - New Zealand residential property values climbed at the fastest pace in nine months in March, led by strong demand in Auckland. National property values rose 7.7 percent over the past year, accelerating from the 6.4 percent increase in February, and at the fastest pace since last June, according to state-owned valuer Quotable Value. Auckland, the country's most populous and fastest growing city, led the index higher, with property values advancing 13.9 percent, ahead of the 13 percent rise the pre...

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