Although the median price of the average New Zealand home has remained relatively stable since January, 2009 (1 April, 09 Bloomberg Report); the price decrease of 8% over the last year, and the NZ dollar decline of between 16 and 28 percent against the Euro and US currencies respectively during the same period, now provides international buyers real bargains for luxury property in the South Island. (PRWeb Apr 8, 2009)
Read the full story at http://www.prweb.com/releases/NZ-beachfront/properties/prweb2305534.htm
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[Source: PRWeb: Business Real Estate]
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