Feature article
Winter spotlight on Canterbury: Resilience and growth in the garden city
Canterbury’s property market bucks national trends with steady house prices and strong rental demand this winter.
AI summary
While the national property market cools, Canterbury is bucking the trend with remarkable stability and growth this winter. The region’s average asking price held steady at $723,800, showing a 4.8% annual increase, offering confidence to buyers and sellers.
The rental market is also strong, with the median weekly rent rising 5.5% year-on-year to $580. This provides solid returns for landlords amid high tenant demand, making Canterbury an attractive and resilient market for all.
Canterbury house prices buck the winter slump
Canterbury rental market: South Island leads the way
Canterbury stands out as the country's strongest metro rental market.
What this means for those looking to buy or rent in Ōtautahi and surrounding areas
For buyers and homeowners:
Market stability and relative value make the Canterbury region attactive for those looking for, and selling property.
For landlords and investors:
For tenants:
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