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Sales below expectations: REINZ

Thursday 12th of December 2013
There were 6691 residential sales last month, 6.6% fewer than the same time last year and up just 2.7% on October.
REINZ chief executive Helen O’Sullivan said: “As the average increase between October and November over the last ten years has been more than 10%, this indicates a further softening in sales volumes. The restrictions on high-LVR lending may well be a drive...
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