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NZ house prices up as buyers rush to beat curbs

Published Thu, Jan 11, 2018 · 09:50 PM

Wellington

NEW Zealand house prices rose for the second month in a row in December 2017 as buyers rushed to beat planned government regulations targeting property speculators.

Data from government valuer Quotable Value (QV) on Thursday showed its residential property price index rose 6.6 per cent year-on-year last month, picking up pace from the 6.4 per cent rise in November.

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