The traditional winter slowdown, the upcoming election and a general cooling of the market has seen a dip in Harcourts' Christchurch figures for July.
As election day nears, sales are down across the country by 18%.
Harcourts CEO Chris Kennedy says it's a time when many New Zealanders hold off on making important financial decisions, to see the lay of the land after election night.
An opportunity to develop a parcel of freehold land in Devonport/ Cheltenham is now available.
66 Vauxhall Road in Devonport is for sale by auction.
Sitting on two adjoining titles, the property totals 1,084m² of land and enjoys a large, dual road frontage onto Vauxhall and Tainui Roads. This positioning offers excellent profile, access and development potential.