Canterbury Real Estate Market Statistics June 2020

Canterbury Real Estate Market Statistics June 2020

“The Canterbury market continues to remain steady with a median price of $469,000, up 5.4% compared to the same time last year. It is hard to tell how the market will perform in the coming months as there are many factors to take into consideration, but it is expected to remain steady for at least the next few months.” – Bindi Norwell (REINZ CEO)

 

Key Takeaways:

  • The number of listings (properties for sale) has decreased
  • There are more active investors (most likely due to less lending restrictions)
  • There has been an increase of number of attendees at open homes
  • Buyer numbers are higher