PRESS DIGEST-New Zealand newspapers - May 12

WELLINGTON, May 12 (Reuters) - Following are some of the lead stories from New Zealand metropolitan newspapers on Monday.

Stories may be taken from either the paper or Internet editions of the papers.

Reuters has not verified these stories and does not vouch for their accuracy.

DOMINION POST(www.stuff.co.nz)

Kiwis ready to leave car at home: A dramatic shift away from private vehicles is looming, with a quarter of Kiwis preparing to leave their cars at home if the price of petrol hits NZ$2 a litre. - - - -

House prices cut for cash: Desperate vendors are offering discounted cash prices to sell their houses as the property market continues to weaken.

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House values start to slide: National property value growth slid to just 4.9 per cent in the 12 months to the end of April, down from 6.5 per cent growth reported in March, but spring could bring a resurgence, Quotable Value says in its latest report.

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