News | Christchurch
11 Aug 2022 6:17
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  •   Home > News > National > Christchurch

    Christchurch's housing market is slowing, but is still the strongest of the main centres

    Christchurch's housing market is slowing, but is still the strongest of the main centres


    The April Core Logic Property Index shows a 0.8 percent fall in house prices nationally, with decreases in Auckland, Tauranga, Wellington and Dunedin.

    Hamilton saw no change in median price while Christchurch was a lone grower with a half percent increase.

    CoreLogic head of research Nick Goodall says the average house price in Christchurch is $761,356 - up 28.1 percent on 2021 figures.

    Homeowners are being told not to panic, but he says anyone attempting to refix mortgages now will see a big jump in the rate they're charged.

    © 2022 Newstalk ZB, NZCity

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     Today's News

    Entertainment:
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    Business:
    Cigna Life Insurance has admitted misleading customers by increasing life insurance cover more than required to cover inflation 21:49

    Entertainment:
    Serena Williams will retire from tennis after the US Open 21:19

    Law and Order:
    Three more people have been arrested in relation to an aggravated robbery in Rotorua last month 21:19

    Living & Travel:
    Who is Carolyn Donham? The catalyst for the Emmett Till lynching who is still alive today 21:09

    Entertainment:
    Olivia Newton-John admitted she was never able to "find peace" after her on-off boyfriend vanished at sea 20:49

    Entertainment:
    Kim Kardashian was "upset" by Kanye West's reaction to her split from Pete Davidson 20:19

    Politics:
    Japanese Prime Minister Fumio Kishida reshuffles cabinet amid growing concerns over controversial Unification Church ties 20:09

    Entertainment:
    Simon Cowell has "learned to take every day as it is" following the death of 'America's Got Talent' contestant Nolan Neal Seals 19:49

    Law and Order:
    An ongoing search for a 60-year-old man missing in the Waikanae area since yesterday 19:29


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