News
House market to remain weak - ASB
Tuesday 22nd of February 2011
The survey has found that despite a continued decline in interest rate expectations, a degree of caution remains about the state of the housing market, with recent data pointing to continued weakness.
"Weak housing demand has flowed through to a modest decline in house prices, with the REINZ seasonally-adjusted median price index now 5.7% below the peak in 2007," ASB said.
"This...
Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.