Residential property market proved particularly resilient in May
The residential property market proved particularly resilient in May with the number of sales up and the national median selling price reached $305,500, compared with $305,000 last month according to the Real Estate Institute of New Zealand (Inc).The latest residential market report for May shows the number of sales nationwide up for the month to 9,642 from the 7,576 sales in April and higher than the number of May 2005 sales of 9,249.
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