News
Property gauges show market on a decline
Monday 24th of December 2007
Four of the eight indicators look negative for house price values, whilst only one shows any sign of positively influencing the market; two show neutral change and one shows neutral-to-negative change.
The negative indicators pushing prices down include affordability, serviceability/indebtedness, interest rates, and consents and house sales.
Affordability, which remains over-exten...
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