Residential property sales in New Zealand increase by 18.6% year on year in October but where down 4.1% compared to the previous month, according to the latest index figures.
The national median price was $460,000, up $30,000 or 7% on October 2014 and down 5.1% on September, the data from the Real Estate Institute of New Zealand shows.
Property investment, a crucial growth driver, grew 2.0 percent in the first 10 months from a year earlier, down from an annual rise of 2.6 percent in the January to September period
A boom in Swedish home prices since the late 1990s has driven up household debt to among the highest levels in Europe
Data compiled by the Urban Redevelopment Authority showed developers sold 546 units last month, compared with 785 units in October 2014
The town itself is quiet and secluded, and building codes prohibit commercial development. Still, it's not far from the bustling tech-centric towns of Palo Alto and Menlo Park
The last nine years of home prices gains have been accompanied by more reasonable and sustainable behaviors from homeowners and lenders
Delhi most active market; A-Pac leasing volumes in 2015 expected to be 25% higher than in 2014: JLL
House prices are soaring in Toronto, Vancouver and Hamilton, but many other housing markets across Canada have moved into a prolonged period of stagnation, data from the Teranet-National Bank house price index shows.
The share of first time buyers in the United States fell for the third year in a row and remained at its lowest point in nearly three decades, according to a new survey.
The overall strengthening pace of home sales over the past year was driven more by repeat buyers with dual incomes, according to the annual survey released by the National Association of Realtors.
National home sales rose by 1.8% from September to October in Canada while prices were up 6.7% year on year, according to the latest index from the Canadian Real Estate Association (CREA).
Actual, not seasonally adjusted, activity was little changed with growth of 0.1% compared to October 2014 while the number of newly listed homes was up 0.9% and CREA says that the Canadian housing market remains balanced overall.
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