News
House prices down 8.3%, affordability up
Monday 9th of February 2009
The decline in January follows a 7.4% drop in December, according to the QV Valuations report. The figure is calculated over the three months ending in January from the same year-earlier period.
“Declining interest rates would normally stimulate buyer activity, but concerns over job security and a more cautious approach to lending by financial institutions seems to be preventing this...
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