- A flat housing market is threatening plans for high-density living in parts of Christchurch.
Rows of attached housing built to provide cheaper housing sit awaiting buyers around the city’s commuter belt. Many are at marked down prices. Others advertised for sale off the plans have not been built.
With Crown-led projects including the 900-home east frame anchor project yet to begin, asking prices for attached townhouses are flat or falling in the city, according to Trade Me.
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