Christchurch average prices have slipped back down into the high $400s, now sitting at $498,370.
This is a 10% drop on May 2016’s average price of $553,114.
Christchurch Market Watch report for Novembe 2017 now available HERE
A month out from the election and the expected slowing of the property market is very evident in Christchurch.
The traditional winter slowdown, the upcoming election and a general cooling of the market has seen a dip in Harcourts' Christchurch figures for July.