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NZ house prices close to record high

Published Wed, Oct 9, 2013 · 10:00 PM
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[WELLINGTON] New Zealand house prices held near a record high in September, with strong growth in the nation's two main cities, while central bank lending restrictions were yet to have an impact, government property valuer Quotable Value (QV) said yesterday.

QV's residential property index rose 8.4 per cent in the year to Sept 30, compared with an 8.5 per cent annual rate in August. The index is now 9.2 per cent abov…

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