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Nosy Kiwis obsessed by house prices

NZ Newswire logoNZ Newswire 16/11/2016

Kiwis hungry to expand their property portfolios or nosing about to discover their neighbours' net worth have spent the past month poring through data about homes across the nation.

It comes after Trade Me launched a new service on October 12 allowing people to search for free information on more than 1.5 million New Zealand residential properties, including previous sold prices and rateable values.

Trade Me property head Nigel Jeffries said web users had already used its Property Insights service to search information on more than 168,000 homes, or the equivalent of around 10 per cent of the nation's total.

"It shows the voracious appetite that Kiwis have for useful property information, and might also show how nosy many of us are too," he said.

He said while "there's no escaping the fact that some people find free access to this data controversial", the service simply gave people easier access to information normally paid for or obtained from councils.

A 120-square metre property in Wellington's Island Bay, which appears to be for sale, has proven the most popular so far, attracting 248 searches.

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