Thu, 08 Nov 2012 16:40:23 GMT
House prices in U.S. increase in October
The New Zealand's government valuer revealed on Thursday that house prices continued to gain last month. Year over year, residential property prices grew by 5.7% in October, while quarter over quarter, values of houses increased by 1.9%. Current prices are 1.1% higher than during the last market peak, witnessed in late 2007.