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Interest in New Zealand's Housing Market Expected to Rise?

Posted: Nov. 17th, 2012  |  By DailyLuxe News

In the last four years, household incomes in New Zealand have risen by one-third while average house prices have risen only 1.3% Government officials are concerned that the growth in housing prices should be between two and three percent. Households are saving more than anticipated. 

"We wouldn't be surprised to see a bit more interest going back into the housing market", especially with the lowest interest rates in 40 years.

Read More on nzherald.co.nz
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