New Zealand Auckland Nov Home Sales -38% On Year; Rate Cut Will Help Market (Nasdaq)

WELLINGTON -(Dow Jones)- House sales in Auckland slowed sharply in November compared with a year earlier but Thursday's record cash-rate cut by the Reserve Bank of New Zealand should help stabilize the market, a real estate company said.

continue reading original article at New Zealand Auckland Nov Home Sales -38% On Year; Rate Cut Will Help Market (Nasdaq) - from the Wellington News website.