Retail & Industrial Hot Property
New Zealand property prices may have moved but it's hardly a property price "bubble," according to investment managers and economists.
Thursday, June 19th 2003, 8:17PM
by The Landlord
The Property Council of New Zealand Investment Performance Index shows total returns from investment in New Zealand property rose 9.51% in all categories for the year ending March. That figure is just behind the return on bonds at 10.31% and ahead of equities at 0.65%.
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