Christchurch’s languishing property values make it a tough city to leave

PHOTO: 123RF – Christchurch is losing ground on the property values front, certainly compared with the other main centres.

EDITORIAL: The top three territorial authorities on a league table of New Zealand’s house prices ought to be no surprise – they are the Queenstown-Lakes District and Auckland and Wellington cities, in that order.

But where does Christchurch sit on that list? Where would you imagine? In the top 10, surely?

The answer is 17th, well below the outlying parts of greater Wellington, such as Porirua, Upper and Lower Hutt and the Kapiti Coast.

And it seems as if Christchurch is losing ground on the property values front, certainly compared with the other main centres.

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