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Prices will keep rising: Economist

Friday 24th of August 2012
Investors are also increasingly looking to buy he says, driven by expectations of rent rises and capital gains.
“Supply of new houses will grow soon but the Christchurch rebuild and loss of tradespeople to Australia means the supply rise will be limited.”
He said that meant house prices were likely to rise over the next three-to-five years. “Especially as build...
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