I had a little chuckle while comparing two media articles who used the same house stats released from Quotable Value. Both media commentators took a different view from the sales data. Have a read for yourself. House prices are either plummeting or the market is stable. What do you want to believe?
“House prices fell by nearly $12,000 in the three months to March as market volatility continued, according to the latest figures from valuation firm QV.”
“New QV figures show national residential property values remained relatively stable in March, while signs of increasing activity were noted in Auckland and Wellington.”
Reading through both articles, I know which source I would choose.
April 16 2011 10:12 am | General Real Estate