While there's plenty of noise in 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 from $555,139 in November 2017 to $570,235 in November 2018.
New listings are up 5.16% ont he same period for 2017 with an increase from 562 to 591.
The average house price has increased from $504,176 in September 2017 to $525,452 In September 2018, which is an uplift of 4.22%.
The average house price has increased 0.63% on the same period in 2017 with the August 2018 average sitting at $527,483.
The average house price has increased 13.8% on the same period in 2017 with the July 2018 average sitting at $555,772.
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