Mon, 10 Feb 2014 11:49:06 GMT
New Zealand's house prices rise slower in January
House prices in New Zealand advanced at the beginning of 2014, however the pace of increase was lower than in the month before as the country's central bank implemented loan-to-value restrictions last October, Quotable Value reported on Monday. New Zealand's residential values rose on an annual basis by 9.6% in January, up 0.3% from December.