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Property values turn positive - finally
Monday 9th of November 2009
Nationally, values are 0.2% above October last year, up from the -1.1% reported last month.
Values across New Zealand are now 3.4% up from their low in April, although still remain 6.6% below the market peak of late 2007.
A further market measure, distinct from the index, is the national average sale price which also increased slightly to $389,198 in October from $387,567 in Sep...
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