The Traderszone Network

Published in TZ Latest News 10 March, 2016 by The TZ Newswire Staff

NZ – REINZ Feb House Prices up 4.7% y/y

Real estate Institute of New Zealand house sales data fro February
Summary from REINZ, in brief:
– Dwellings sold in New Zealand in February 2016 up 5.7% on February 2015
The RBNZ take heed of house prices, but that hasn’t stopped them from cutting rates this week (adding to prior cuts in this cycle)