Listed property stocks were down 0.4% in January against a 2.9% rise for the NZX50G.
About 1.3% of the general market gain is attributed to Xero, according to Forsyth Barr researchers.
Over the last 12 months listed property is up just 2.1% and the NZX50G is up 14.6%.
The best
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace
Yearly Premium Online Subscription
NZ$499.00 / yearly
Monthly Premium Online Subscription
NZ$44.95 / monthly
Smartphone Only Subscription
NZ$24.95 / monthly
Premium Group Membership 10 Users
NZ$350+GST / monthly
$35 per user - Pay by monthly
credit card debit
Premium Group Membership 20 Users
NZ$600+GST / monthly
$30 per user - Pay by monthly
credit card debit
Premium Group Membership 50 Users
NZ$1250+GST / monthly
$25 per user - Pay by monthly
credit card debit
Premium Group Membership 100 Users
NZ$1875+GST / monthly
$18.75 per user - Pay by monthly
credit card debit
Yearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Already have an account? Login
Chris Hutching for NBR NZ Property Investor
Fri, 14 Feb 2014
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.