Outside competition driving up house prices in Christchurch satellite towns
CHRIS SKELTON/Stuff Christchurch satellite towns are proving popular with North Island buyers. Although many families were coming South for a better way of life, he recently heard of a buyer looking to move from Auckland because of ongoing Covid-19 threats. A recent open home for a median priced house ($600,000) in Selwyn attracted 47 potential buyers and seven offers were tabled within two days, including several from outside Canterbury who had never viewed the property, he said. It was much the same at Ray White in Lincoln. Branch manager Nick Booth said interest was coming from all over...
Source: stuff.co.nz