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Forex News. New Zealand REINZ House Sales YoY are released

Written June 10, 2008 at 8:05 PM EST by Greg Michalowski 

The New Zealand REINZ House Sales were just released.  They show a decline of 52.9% for the month of May.  This is down from 45.5% last month but above the all time low reached in March at -53.3.   Home sales reached a high in December 2006 at +19.4%.  This should be negative for the NZD.

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