Christchurch MarketWatch Analysis March 2015
Christchurch MarketWatch Analysis
In the latest
residential property figures from Harcourts, there is
evidence of new builds coming onto the market with listings
up 17.0% compared to last year.
Property-on-hand sits at 25.7% above last year’s levels; a continuation of the trend that we’ve seen since mid-last year. There were 7,308 new dwellings consented in Christchurch in 2014 so we expect the trend for a greater level of stock to continue into 2015.
Christchurch_MarketWatch_Analysis_March_2015.pdfhref="http://img.scoop.co.nz/media/pdfs/1503/Christchurch_MarketWatch_Analysis_March_2015.pdf">Christchurch_MarketWatch_Analysis_March_2015.pdf