Property prices up, October sales dented by loan rules

New Zealand’s median house price rose 1.9 per cent to a record in October, although sale volumes were dented as Reserve Bank lending restrictions began to bite. The median sale price rose $7,525 to a record $407,525 in October from September, and the price is 7.2 per cent ahead of the year earlie…

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Property prices up, October sales dented by loan rules

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