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21 Feb 2025 16:10
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      Home > News > Business

    Canterbury continues to buck national property trends

    Canterbury continues to buck national property trends


    Latest figures from the Real Estate Institute show the national median house price fell 1.7 percent in the year to January, to 750-thousand dollars.

    Canterbury's rose 4.5 percent to 675-thousand.

    Chief executive Jen Baird says the region's market remains strong overall, with sale volumes also up 30.1 percent on last year.

    She says there was 28 percent more listings coming to market this January - and she's expecting a busier summer in Canterbury.

    © 2025 Newstalk ZB, NZCity

     Other Business News
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     21 Feb: The country's construction costs could improve - following a 44-percent average rate increase over the last four years
     20 Feb: The Child Poverty Reduction Minister attributes stagnant progress to tough economic conditions
     20 Feb: The economic downturn is hitting bottom lines, in latest half-year business results
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