Thu, 12 Dec 2013 10:03:05 GMT
New Zealand's house prices increase in November
New Zealand's house prices recorded the highest level all time in November despite a drop in number of sales, a data revealed by the New Zealand's Real Estate Institute showed on Thursday. According to the data, the country's house prices gained to 4.3% rising from a level of NZ$425,000 to NZ$17,475, while in November 2012 the prices were 10.9% lower.