News
Property investors still sitting on their hands
Monday 12th of July 2010
Sales activity has been subdued since the government introduced tougher tax treatment of property investment, as property values slipped back in June, according to QV Valuations data.
Property values were 5.2% higher than the same month in 2009, retreating from the year-on-year gain of 5.6% in May. That's the second time since March 2009 that the increase has lagged behind the previous...
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