News
Housing market accelerates in March quarter
Thursday 17th of May 2007
A PCI value of -10 shows a strong housing market downturn, while +10 shows a strong upturn. As in the December quarter, the Auckland district led the way with a PCI index of 8.08, its best level since 2002. The Wellington district also showed strength with a PCI of 7.77, with house price inflation at 17%, its highest level since mid-2004.Houses in the March quarter spent six few...
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.