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Boom for bach rentals
NZ Herald Sunday August 03, 2008
The number of people booking baches for skiing holidays at places such as Mt Ruapehu. Photo / Wanganui Chronicle
Tighter budgets have seen fewer New Zealand families fly to warmer destinations this winter and more choose to rent high-end baches closer to home. Leslie Preston, of holiday home rental company www.bachcare.co.nz, has noticed a 40 per cent increase in activity over the ski season.

Property values continue to drop
NZPA
Monday August 11 2008 - 07:47am
Residential property values have dropped almost all over the country and the market is well off its peak, according to QV Valuations.

There was a 2.2 percent decline in national property values in the past year in the data which compares the three months ended in July with the same period a year ago.

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