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The real estate market in New Zealand is constantly changing, with property values peaking and dipping with an almost seasonal frequency. To be able to maintain a sense of order, and determine rates, local councils have taken to issuing CVs across all properties within their region. When spoken of in real estate terms, a CV refers to a capital valuation. This figure acts as a barometer for shifts within the property market at large. Let's take a look at some of the basics of CVs to help you gain an understanding of the part they play in real estate.
from: http://ezinearticles.com/?The-Basics-Of-Real-Estate-Capital-Valuations&id=6908204
