While there’s been plenty of talk out there about changes in the real estate market, the latest figures from Harcourts NZ for Christchurch show a market that is, in fact returning to steadier, more sustainable levels.
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The average house price has increased 13.8% on the same period in 2017 with the July 2018 average sitting at $555,772.
The average house price has increased by around $48K (12.6%) on the same period in 2017 with the July 2018 average sitting at $429,234.
The average house price in Auckland was $877,088 in July 2018.
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The average house price in Auckland was $923,348 in June 2018, a decrease of 5.14%
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