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House values continue to soar in Canterbury

Author
Jessica McCarthy,
Publish Date
Wed, 1 Apr 2015, 3:01PM
Photo: Getty Images
Photo: Getty Images

House values continue to soar in Canterbury

Author
Jessica McCarthy,
Publish Date
Wed, 1 Apr 2015, 3:01PM

There appears to be no stopping house prices in Canterbury with QV recording a five-percent rise in house values this year.

A closer look across the city shows the Selwyn District and Christchurch Hills have seen values rise by 1.6 percent since January.

Meanwhile, the previously booming Waimakariri District has seen a flattening off in prices, due to a greater supply of homes.

Overall, house values in Canterbury are almost 25 percent higher than in the previous peak of 2007.

 

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