Property News · September 7, 2016

New Zealand tops world house price list


Auckland’s average house hit NZ$1m for the first time last monthNew Zealand has the world’s most frenetic property market, with prices in Auckland now outstripping London, and possibly dashing the hopes of British buyers hoping to escape Brexit. In a global ranking of house price growth by estate agents Knight Frank, New Zealand was second to Turkey, but once the impact of inflation was stripped out it came top 11% annual growth. Continue reading…

Source : theguardian.com
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