HOUSE PRICES INCREASING OUTSIDE CHRISTCHURCH

 

As earthquake-affected Christchurch residents leave the city, house prices in other Canterbury towns are on the increase. According to Quotable Value, house prices in Ashburton have risen 4% in the past three months, and 2.1% and 2.9% in the Selwyn and Waimakariri districts respectively. There’s been a shortage for good quality three-bedroom homes in these towns since the earthquake.

Source: The Press (stuff.co.nz), 9 August 2011 (EZ)


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