Monday, April 7, 2014

Dunedin home values remained stable in March, reflecting a nationwide residential increase of just 0.1% over the last three months.

Quotable Value New Zealand says Peninsula and coastal properties showed the biggest increase, up 2.1%.

Dunedin City was down 0.2%, while South, Central and North Dunedin are down 0.7%.

QV valuer Duncan Jack says while there are people wanting to buy their first homes, loan-to-value ratio changes mean they are having to wait until they have a larger deposit.

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