NZ property prices rallied in second half of 2009 and expected to increase in 2020 but at slower rat

[Nicholas Wallwork]

Residential property prices in New Zealand ended 2009 just 4.9% below their peak values of 2007*having shown a dramatic turnaround from earlier in the year, according to the latest figures to be*published.

Values were at their lowest in April last year when they were some 9.6% below peak, the December*residential index from QV shows.

Click Here to Read The Full Story and Add your Own Comments to NZ property prices rallied in second half of 2009 and expected to increase in 2020 but at slower rate

 

[MaxyzK]

I suppose you mean 2010, not 2020! Otherwise you must be gifted in order to be able to say what prices will be doing 10 years from now!