Article #976497076
Tuesday, August 3rd 2010, 6:43AM
Asking prices for residential property have fallen almost $22,000 in four months, falling nearly half of that in July from a month earlier, according to Realestate.co.nz.
There are also no mortgage rate changes to advise of, however it will be interesting to see which lender will make the first increase in response to the Official Cash Rate which went up by 25 basis points last Thursday.
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