PHOTO: Hawkes Bay regional house prices. Opes Partners
In this episode, Opes Partners discuss what will happen to the Hawke’s Bay property market after Cyclone Gabrielle ravaged parts of the North Island.
For this, they look at what happened to Christchurch property prices and rents after the Canterbury earthquakes. They specifically point out that in the 5 years after the Christchurch earthquakes, property prices rose by over 80%. At the same time, property prices in regional New Zealand only increased by 20% over the same period.
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