Housing report: REINZ median house price hits peak, but will it last?
15th Nov 09, 9:14am
by
Watch You Tube video here. Bernard Hickey delivers a Housing report in association with ASB on figures showing the median house price hit a record high of NZ$355,000 in October, beating the boom-year peak of NZ$352,000 seen in November 2007. But he wonders whether it can last given rising interest rates and flat incomes. See the full interactive chart on median house prices here.
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