News

Property market softens: QV

Sunday 12th of March 2006

Average annual growth in house prices eased to 15.3% in February, lower than both the 16.8% annual growth shown in January and the 15.8% increase in December. However, that's still well above the 12.1% increase recorded in March last year.

QV spokesman Blue Hancock says the figures reflect anecdotal evidence of softening demand and less pressure on prices.

"An annual growth in pro...

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