Sri Lanka Real Estate

Property market continues to soften

QV's March statistics for the residential property market report a 6.5% growth in national property values over the past year (calculated over the three months ending March 2008 in comparison to the same period last year), down on the 7.7QV's March statistics for the residential property market report a 6.5% growth in national property values over the past year (calculated over the three months ending March 2008 in comparison to the same period last year), down on the 7.7% growth reported in February. The average New Zealand sale price decreased to $388,894 this month (from $393,240 last month).% growth reported in February. The average New Zealand sale price decreased to $388,894 this month (from $393,240 last month).