The Federal Tax Credits Blog

NZ mortgagee sales hold near 2009 highs, may worsen as housing recession endures

New Zealand mortgagee sales held near their 2009 highs and may rise, showing the property market’s sluggish recovery, according to Terralink. There were 121 registered mortgagee sales in February, down slight from the 124 in the same months of 2009 and a 38% drop from January’s 196 sales.

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