Case Study_Monte Cecilia_FINAL
Good progress on Christchurch housing welcomed
“There is strong evidence in the building consent, median house price and average weekly rent data that we are getting supply and demand back into balance since the earthquakes munted 10,500 homes in 2010 and 2011,” Dr Smith says.
Building consent data shows 1134 new home building consents issued in the year to February 2012, 1509 to 2013, 2818 to 2014, and 4433 to 2015 – totalling 9894 homes.
Read the full NZ Government press release here.
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